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Quantitative Problems Amazon con 'issued an initial public offering in May of 1997. Prior to its IPO, the following irformation on shares outstanding vaslisted in
Quantitative Problems Amazon con 'issued an initial public offering in May of 1997. Prior to its IPO, the following irformation on shares outstanding vaslisted in the final prospectus: In the IPO, the firm issued 3,000, 000 news shares. The initial p ice 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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