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Wildhorse Inc. is issuing 10,000 bonds, and its investment banker has guaranteed a price of $985 per bond. If the investment banker sells the entire
Wildhorse Inc. is issuing 10,000 bonds, and its investment banker has guaranteed a price of $985 per bond. If the investment banker sells the entire issue to investors for $10,121,000. (Round percentage underwriting cost to 2 decimal places, e.g. 17.54\%.) a. What is the underwriting spread for this issue? \$ b. What is the percentage underwriting cost? % c. How much will Wildhorse raise? $ eTextbook and Media Last saved 18 minutes ago. Attempts: 0 of 3 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes
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