Assume Sybase Software is thinking about three different size offerings for issuance of additional shares....
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Finance
Assume Sybase Software is thinking about three different size offerings for issuance of additional shares.
Size of Offer Public Price Net to Corporation
a. $ 1.9 million $ 46 $ 42.80
b. 15.0 million 46 43.28
c. 26.0 million 46 44.50
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. 1.9 million ____________%
b. 15 million ___________ %
c. 26 million ___________%
Answer & Explanation
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