Winston Sporting Goods is considering a public offering of common shares. Its investment dealer has...
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Finance
Winston Sporting Goods is considering a public offering of common shares. Its investment dealer has informed the company that the retall price will be \\( \\$ 20.15 \\) per share for 560,000 shares. The company will receive \\( \\$ 18.25 \\) per share and will incur \\( \\$ 220,000 \\) in registration, accounting, and printing fees. a. What is the spread on this issue in percentage terms? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Spread b. What are the total expenses of the issue as a percentage of total value (at retail)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Expenditure percentage \ c. If the firm wants to net \\( \\$ 21.68 \\) million from this issue, how many shares must be sold? (Enter your answers in thousands of dollars. Do not enter the answers in millions.) Shares

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