Live fund are selling their holdings at 5000 per share. how much would
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The above mentioned question is incomplete. The full question is:
Live funds (24%) are selling their holding at $5000 per share. How much would Love Fund receive if they sold half their holdings in Marks Brothers ($78000).
Keeping in view the complete question, please find the answer below:
If Live Funds sold half of their shares in Mark Brothers, they would receive the following;
(78,000÷2) × 5,000= 195,000,000
Live funds (24%) are selling their holding at $5000 per share. How much would Love Fund receive if they sold half their holdings in Marks Brothers ($78000).
Keeping in view the complete question, please find the answer below:
If Live Funds sold half of their shares in Mark Brothers, they would receive the following;
(78,000÷2) × 5,000= 195,000,000
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