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Question-
Assume Fisher Food Products is thinking about 3 different size offerings for the issuance of additional shares
Size offer Public Price Net to Corporation
a) 1.6 million $40 $36.70
b) 6.0 million 40 37.28
c) 25.0 million 40 38.12
What is the percentage underwriting spread for each size offer?
and
What principle does this demonstrate?
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