Question: Problem 15-8 Underwriting spread (L015-2] Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer $ 1.6
Problem 15-8 Underwriting spread (L015-2] Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer $ 1.6 million 6.0 million 25.0 million b Public Price $ 40 40 40 Net to Corporation $36.70 37.28 38.12 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.) Underwriting Spread Size of Offer a. $1.6 million b. 56 million c. 525 million % % %
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