The Canadian Loonie Company needs to raise $50 milion. The investment dealer Wayme and Shuster will handle the transaction (For all the requirements, do not round the intermediate calculotions. Round the final answers to 2 decimal places ) a. If stock is utilized, 12 million shares will be sold to the public at $30.95 per share. The corporation will receive a net price of $3000 per share. What is the percentage of underwriting spread per share? Percentage underwriting spread per share b. If bonds are utilized, stightly over 60,000 bonds will be sold to the public at $1,021 per bond. The corporation will receive a net price of $1,00800 per bond. What is the percentage of underwriting spread per bond? Percentage underwriting spread per bond c-1. Which altemative has the larger percentage of spread? Shares Bond c2 Is this the normal relationship between the two types of issues? Yes Ain