Question
9) Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public Price Net to Corporation a.
9)
| Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. |
| Size of Offer | Public Price | Net to Corporation | |||||||||
| a. | $ | 1.6 | million | $ | 41 | $ | 37.50 | ||||
| b. | 8.0 | million | 41 | 38.28 | |||||||
| c. | 34.0 | million | 41 | 39.75 |
| 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.) |
| Size of Offer | Underwriting Spread | |
| a. | $1.6 million | % |
| b. | $8.0 million | % |
| c. | $34.0 million | % |
|
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
