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Trump Card Company will issue stock at a retail (public) price of $34.00. The company will receive $31.00 per share. What is the spread on

Trump Card Company will issue stock at a retail (public) price of $34.00. The company will receive $31.00 per share. What is the spread on the issue in percentage terms? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. If the firm demands receiving a new price only $3.11 below the public price suggested in part a, what will the spread be in percentage terms? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. To hold the spread down to 5.2 percent based on the public price in part a, what net amount should Trump Card Company

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