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Trump Card Co. will issue stock at a retail (public) price of $32.00. The company will receive $29.50 per share. a. What is the spread

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Trump Card Co. will issue stock at a retail (public) price of $32.00. The company will receive $29.50 per share. a. What is the spread on the issue in percentage terms? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Spread 7.81 % b. If the firm demands receiving a new price only $2.60 below the public price suggested in part a, what will the spread be in percentage terms? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Spread 8.12% c. To hold the spread down to 6.6 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 2 decimal places.) Answer is complete but not entirely correct. Net amount to be received 12.16 X per share

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