Live Fund receive
it they sold half thier holding in Marks Brothers.
<u>Solution:</u>
Given: Sale price of Live Fund holding is 5000 dollar
To find: Amount that Live Fund will get if they sell half of their holding in Marks Brothers.
Assume the total holdings held by Live Fund in Marks Brothers as N
Therfore, half the number of shares or (half the holdings) of Live Fund will be
.
Thus, if each share is valued at
, then the total value of the number of shares sold will be as follows,


Hence, Live Fund will receive 
Answer:
1.8
Step-by-step explanation: