Assume Sybase Software is thinking about three different size offerings for issuance of additional shares.

Size of Offer				Public Price				Net to Corporation
a.	$	2.5	million		$	43			$	39.60
b.		11.0	million			43				40.68
c.		33.0	million			43				41.50

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.	$2.5 million		%
b.	$11 million		%
c.	$33 million		%