It is now believed that Munch was inspired by a mummy that he had seen at an exhibition in Paris. The artist used the mummy as a way to recreate the feelings of fear and dread that he felt when the sky turned red.
Underwriting Fee. The compensation that an underwriter receives for placing a new issue with investors. It is calculated as a discount from the price of the new issue. For example, an issuer may sell the underwriter a bond at $990 per bond. The underwriter will then place the issue at $1,000, allowing it to make a $10 profit. This profit is the underwriting fee. It is also called a concession.
In a new offering of municipal bonds, underwriters make money from the underwriting spread.. The underwriting spread (underwriter spread or underwriting fee) is the difference between the price at which a bond issue is bought (the purchase paid) and the price at which the bonds are sold to investors.he underwriting spread (underwriter spread or underwriting fee) is the difference between the price at which a bond issue is bought (the purchase paid) and the price at which the bonds are sold to investors.