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2 14 points 00:12.46 Walton and Company is the managing investment dealer for a major new underwriting. The price of the stock to the

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2 14 points 00:12.46 Walton and Company is the managing investment dealer for a major new underwriting. The price of the stock to the investment dealem is $19 per share. Other syndicate members may buy at $19.30. The price to the selected dealer group is $19.80, with a price to the brokers of $20.20. The price to the public is $20.50. (Do not round the intermediate calculations. Round the final answers to 2 decimal places.) a. If Walton and Company sells its shares to the dealer group, what will be the percentage return? Return b. If Walton and Company performs the dealers' function also and sells to brokers, what will be its percentage return? Return c. If Walton and Company fully integrates its operation and sells directly to the public, what will be its percentage return? Return

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