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mixer
2 months 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:
lawyer [12.5K]2 months ago
5 0

Answer: 2.48


Step-by-step solution:


tester [12.3K]2 months ago
4 0

Assuming Live Fund holds a total of T shares in Marks Brothers, half of their shares would be \frac{T}{2}.

If each share has a value of $5,000, then selling half the shares corresponds to:

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

Hence, Live Fund would obtain $2500T upon selling half their holdings in Marks Brothers.

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