G H B D E 2.11. Investment Banking: Morrow Inc. is issuing 50,000 bonds and its investment banker has guaranteed a price of $555 per bond. The investment banker sells the entire issue to investors for $15,000,000 What is the underwriting spread for this issue? What is the percentage underwriting cost? How much did Morrow raise? a. b. C $555 Price per bond guaranteed by investment banker Number of bonds issued Sales proceeds received by investment banker 50,000 $15,000,000 ($12,750,000) Underwriting spread $27,750,000 . Amount of money raised by Morrow -45.95% b. Percentage underwriting cost +