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Kamila [148]
3 years ago
13

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

rks Brothers
Mathematics
2 answers:
kotykmax [81]3 years ago
5 0

Answer: 2. 48


Step-by-step explanation:


Marina86 [1]3 years ago
4 0

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.

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