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Winston Sporting Goods is considering a public offering of common stock. Its investment banker has informed the company that the retall price wall be $20.15

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Winston Sporting Goods is considering a public offering of common stock. Its investment banker has informed the company that the retall price wall be $20.15 per share for 560,000 shares. The company will recelve $18.25 per share and wilt Incur $220,000 in registration, accounting, and printing fees. a-1. What is the spread on this issue in percentage terms? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) a-2. What are the fotal expenses of the issue as a percentage of total value (at retail)? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. If the firm wanted to net $2168 million from this issue, how many shares must bo sold? (Do not round intermediate calculations. Enter your answer rounded to the nearest whole number.)

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