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lorasvet [3.4K]
3 years ago
14

Live Fund are selling their holding at $5,000 per share.How much would Live Fund receive it they sold half thier holding in Mark

s Brothers?
Mathematics
1 answer:
zhannawk [14.2K]3 years ago
5 0

Live Fund receive \bold{\$2500 A} it they sold half thier holding in Marks Brothers.

<u>Solution:</u>

Given: Sale price of Live Fund holding = 5000 dollar

To find: Amount that Live Fund will get if they sell half of their holding in Marks Brothers.

Assume the total number of shares held by Live Fund in Marks Brothers as A

Therfore, half the holdings (or half the number of shares) of Live Fund will be \frac{A}{2}.

Thus, if each share is valued at \$5000, then the total value of the number of shares sold will be as follows,

\Rightarrow5000\times\frac{A}{2}\text{ dollars }\rightarrow\frac{5000\times A}{2}\text{ dollars }

\Rightarrow2500 A\text{ dollars }

Hence, Live Fund will receive \$2500 A

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