The investment banking firm of Einstein & Company will use a dividend valuation model to appraise the shares of the Modern Physics Corporation. Dividends $($D$1)1$ at the end of the current year will be $$1\mathrm{.}75.$ The growth rate $($g$)$ is $13$ percent and the discount rate $($Ke$)$e is $15$ percent.Note: Do not round intermediate calculations and round your answer to $2$ decimal places.$2.$ If there is a $4$ percent total underwriting spread on the stock, how much will the issuing corporation receive?Note: Do not round intermediate calculations and round your answer to $2$ decimal places.$3.$ If the issuing corporation requires a net price of $$86\mathrm{.}00($proceeds to the corporation$)$ and there is a $4$ percent underwriting spread, what should be the price of the stock to the public?Note: Do not round intermediate calculations and round your answer to $2$ decimal places.$$