Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public Price Net to Corporation a. $ 2.2 million $ 45 $ 41.50 b. 7.0 million 45 42.00 c. 31.0 million 45 42.25 What is the percentage underwriting spread for each size offer? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Size of Offer : Underwriting Spread:

2.2 Million ____%

7 Million _____%

31 Million ______%