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2 years ago

7

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

s Brothers?

1 answer:

Brums [2.3K]2 years ago

5 0

Live Fund receive $\bold{\$2500 N}$ 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 $\frac{N}{2}$ .

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

$\Rightarrow5000\times\frac{N}{2}\text{ dollars }\rightarrow\frac{5000\times N}{2}\text{ dollars }$

$\Rightarrow2500 N\text{ dollars }$

Hence, Live Fund will receive $\$2500 N$

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And the deviation would be:

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