viops Problems Saved Help Save & Exit Su Check my wou You need to choose between making a public offering and arranging a private placement. In each case, the issue involves $10.3 million face value of 10-year debt. You have the following data for each: . A public issue. The interest rate on the debt would be 8.65%, and the debt would be issued at face value. The underwriting spread would be 1.53%, and other expenses would be $83.000. A private placement. The interest rate on the private placement would be 9.3%, but the total issuing expenses would be only $33,000. I Required: 0-1. Calculate the net proceeds from public issue. a-2. Calculate the net proceeds from private placement b-1. Calculate the PV of the extra interest on the private placement. b-2. Other things being equal, which is the better deal? Complete this question by entering your answers in the tabs below. Req ai and a2 Reg b1 and b2 09 S Skype for Business Connect