Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public Price Net to Corporation a. $ 2.1 million $ 48 $ 44.50 b. 10.0 million 48 45.28 c. 31.0 million 48 47.00 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.	$2.1 million		%
b.	$10 million		%
c.	$31 million		%