If the retail price of a stock issuance is $17.50 and the issuers' price is $15.50, the total spread is 11.4%.

Name: If the retail price of a stock issuance is $17.50 and the issuers' price is $15.50, the total spread is 11.4%.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

The spread is calculated by subtracting the issuers' price from the retail price, which is ($17.50 - $15.50 = $2). 
Then, the percentage spread can be calculated as ($2 ÷ $17.50) x 100% = 11.4%. Therefore, the statement is true.

If the Retail Price of a Stock Issuance Is $17