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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