Live fund are selling their holding at 5,000 per share how much would live fund receive if they sold half their holdings in mark
brothers
1 answer:
Answer:
Live Fund will receive $2500T if they sold half their holding in Marks Brothers.
Step-by-step explanation:
Let's assume that the total number of shares held by Live Fund in Marks Brothers = T
The half of the holdings = T/2
Therefore, if each share is valued at $5000, then the total value of the number of shares sold = 5000 *T/2
= 2500T dollars
Thus, Live Fund will receive $2500T if they sold half their holding in Marks Brothers.
Hope this will help you.
Thank you.
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