What is the underwriting spread for this issue what is the, Financial Management

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What is the underwriting spread for this issue what is the

Investment banking: Cranjet Inc. is issuing 10,000 bonds, and its investment banker has guaranteed a price of $985 per bond. If the investment banker sell the entire issue to investors for $10,150,00 \:

(a) What is the underwriting spread for this issue?

(b) What is the percentage underwriting cost?

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Financial Management: What is the underwriting spread for this issue what is the

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