Can you please help with this? I've left my answer. Thank you!

Moonscape has just completed an initial public offering . The firm sold 6 million shares at an offer price of $6 per share . The underwriting spread was $0. 40 a share The price of the stock closed at $9. 00 be* share` The at the end of the first day of trading . The firm incurred $100,000 in legal , administrative and other costs . What were flotation costs &'s*a fraction of funds raised ? I Do not round intermediate calculations . Enter your answer as a percent rounded to 2 decimal places! Costs as percent of funds raised 37. 96\ \9 /0