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

Question

3 years ago

12

brothers

1 answer:

artcher [175] · Answer 1 · 2021-11-27T23:20:15+03:00

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.