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Quantitative Problems Amazon con 1 issued an initial public dffering in May of 1997. Prior to its IPO, the following irformation on shares cutstanding waslisted

image text in transcribed Quantitative Problems Amazon con 1 issued an initial public dffering in May of 1997. Prior to its IPO, the following irformation on shares cutstanding waslisted in the final prospectus: In the IPO, the firm issued 3,000, 000 news shares. The initial p rice was $18.00 per share with investment barkers retaining $1.26 as fees. The final first-day closing price was $23.50. 5. The limit order book for a security is: The specialist receives the following, in order: a. Market order to sell 300 shares b. Limit order to bury 100 shares at 25.38 c. Limit order to buy 500 shares at 25.30 How, if at all, are these orders filled? What does the limit order book look like after these orders

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