An underwriter sells $2$ million shares of stock to the public at $$40$ per share. The issuing firm receives $$73$ million before non$-$underwriting costs. Which of the following is true?

Multiple Choice

The underwriter$$s spread was $8\mathrm{.}75\%.$

The underwriter's spread was $2\mathrm{.}14\%.$

The underwriter$$s spread was $9\mathrm{.}59\%.$

The underwriter$$s spread was $$40.$