The Wrigley Corporation needs to raise $17 million. The investment banking firm of Tinkers, Evers \& Chance will handle the transaction. a. If stock is utilized, 1,700,000 shares will be sold to the public at $10.75 per share. The corporation will receive a net price of $10.00 per share. What is the percentage underwriting spread per share? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. If bonds are utilized, slightly over 17,000 bonds will be sold to the public at $1,005 per bond. The corporation will receive a net price of $997 per bond. What is the percentage of underwriting spread per bond? (Relate the dollar spread to the public price.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)