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.
$
2.5
million
$
47
$
43.20
b.
13.0
million
47
44.28
c.
26.0
million
47
44.75
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.)
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