Live fund are selling their holdings at $5,000 per share. how much would live fund receive if they sold half their holding in Ma

Question

4 years ago

13

rks Brothers

2 answers:

kotykmax [81] · Answer 1 · 2022-01-30T04:09:03+03:00

5 0

Answer: 2. 48

Step-by-step explanation:

Marina86 [1] · Answer 2 · 2022-01-30T02:14:04+03:00

Let us assume that the total number of shares (also called the total holdings) held by Live Fund in Marks Brothers is $T$ .

Then obviously half the holdings (or half the number of shares) of Live Fund will be $\frac{T}{2}$ .

Thus, if each share is valued at $5000, then the total value of the number of shares sold (which is $\frac{T}{2}$ will be:

$5000\times \frac{T}{2} =2500T$ dollars or $ $2500T$ .

Thus, Live Fund will receive $ $2500T$ if they sold half their holding in Marks Brothers.