What is the spread on the issue in percentage terms

Assignment Help Financial Management

Reference no: EM131934230

Trump Card Co. will issue stock at a retail (public) price of $34.00. The company will receive $32.20 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.)

Spread_____%

b. If the firm demands receiving a new price only $1.94 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.)

Spread___%

c. To hold the spread down to 3.5 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 to 2 decimal places.)

Net Amount to be Recieved____ Per Share

Reference no: EM131934230

Questions Cloud

Calculate the levered beta-the cost of equity and the wacc : For each capital structure under consideration, calculate the levered beta, the cost of equity, and the WACC.

Did the case present a buyer-dominant approach : Policy adoption can be very challenging to healthcare leaders. Many organizations employ consultants to assist with the implementation of new policies.

Why is the definition of health important to health policy : Review the World Health Organization's (WHO) definition of health in Chapter 7 of your textbook. Then, write a research paper fulfilling the following.

What is the cash price of the bonds to the nearest dollar : If your purchase will settle on 27 April 2012, and the quoted yield for the bond is 5.62%, what is the cash price of the bonds to the nearest dollar?

What is the spread on the issue in percentage terms : What is the spread on the issue in percentage terms? what net amount should Trump Card Co. receive?

Identify the null and alternative hypotheses : Conduct a goodness of fit analysis which assesses orders of a specific item by size and items you received by size.

Paper on Advance Directives in the Orthodox Community : Assignment - PICOT Research Paper. The topic chose is: Advance Directives in the Orthodox Community. What is the quality of the literature review

What is meant by the coping zone : What is meant by the coping zone? What are the implications for staff and customers of a supermarket when the operation enters the coping zone?

What is the current value of these bank bills : what is the current value of these bank bills? Enter your answer to the nearest dollar.

User Account

All Pages