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Trump Card Co . will issue stock at a retail ( public ) price of $ 3 0 . 0 0 . The company will
Trump Card Co will issue stock at a retail public price of $ The company will receive $ per share.
a What is the spread on the issue in percentage terms? bIf the firm demands receiving a new price only $ below the public price suggested in part a what will the spread be in percentage terms? cTo hold the spread down to percent based on the public price in part a what net amount should Trump Card Co receive? Do not round intermediate calculations and round your answer to decimal places.
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