The Wrigley Corporation needs to raise exist17 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 exist10.75 per share. The corporation will receive a net price of exist10.00 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.) Underwriting spread per share % b. If bonds are utilized, slightly over 17,000 bonds will be sold to the public at exist1.005 per bond. The corporation will receive a net price of exist997 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.) Underwriting spread per bond % c-1. Which alternative has the larger percentage of spread? Stock Bond c-2. Is this the normal relationship between the two types of issues? Yes No