Question: Help Save & EX Submit Berkley Corp just sold 27 million shares through an IPO offering. The shares were offered at $11.75 a share and

 Help Save & EX Submit Berkley Corp just sold 27 million
shares through an IPO offering. The shares were offered at $11.75 a

Help Save & EX Submit Berkley Corp just sold 27 million shares through an IPO offering. The shares were offered at $11.75 a share and all shares were sold. The firm received total of $33,300,000 for this issue. What was the spread? Multiple Choice 4.96% 5.50% 6.40% 7.00%

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