Question: Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public Price Net to Corporation a. $
Assume Sybase Software is thinking about three different size offerings for issuance of additional shares.
| Size of Offer | Public Price | Net to Corporation | |||||||||
| a. | $ | 2.1 | million | $ | 48 | $ | 44.50 | ||||
| b. | 10.0 | million | 48 | 45.28 | |||||||
| c. | 31.0 | million | 48 | 47.00 | |||||||
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 | ||
| a. | $2.1 million | % | |
| b. | $10 million | % | |
| c. | $31 million | % | |
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