Match Group went public in November 2015. The company sold 25,833,333 shares at $14.0 per share. The underwriting spread was $1.66 a share, and the direct expenses were $0.31 a share.

a). What was the percentage underwriting spread? (Round your final answers to 1 decimal place.)

b). How much did the company raise after all expenses?

c). On its first day of trading the stock closed at $17.74. Calculate the dollar cost of underpricing. (Enter your answer in dollars not millions. Round your answer to the nearest dollar.)