1: Private placement / shelf registration / public cash offering

2: competitive bidding / negotiated underwriting

3: 5.26% / 0.53 / 6.00% / 5.00%

4: negotiated industrial offers / competitevly bid utility issues

In September 2005, Google raised more than $4 billion by selling additional shares of common stock at $295 per share when its stock was trading at around $303 per share. Morgan Stanley and Goldman Sachs were hired as underwriters for the deal. The previous case is an example of: Private placement Shelf registration Public cash offering A firm decides to raise capital and has made a preliminary decision to sell a block of securities to the entity that makes the highest offer. This procedure is referred to as a competitive bidding. Consider the case of Fuzzy Button Clothing Company's public cash offering. Hurray Bank was the underwriter in the deal. Hurray Bank sold 1, 500,000 shares to the public at $24.00 per share. Fuzzy Button received $34, 200,000 from the public offering. Hurray Bank's underwriting spread in this deal was _______. In general, underwriters receive lower spreads for which of the following? Negotiated industrial offers Competitively bid utility issues