Question

Live funds are selling their holdings at 5,000 per share how much would live fund receive if they sold half their holdings in Marks Brothers

Answer 1

Answer:

5000/2 = 2500

Step-by-step explanation:

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Answer 2

The complete question is,

Live funds are selling their holdings at $ 5,000 per share how much would live fund receive if they sold half their holdings in Marks Brothers $ 78,000

Given,

The total number of shares / total holdings held by Live funds in Marks Brothers = $ 78,000

Therefore, half the holdings or a total number of shares of Live funds

= $ 78,000 / 2

Thus, as given, each share is valued at $ 5000, then the total value of the number of shares sold

= ( 78,000 / 2 ) × 5000

= 39,000 × 5000

= $ 195,000,000

Therefore, the Live funds will receive $ 195,000,000 if they sold half of their holdings in Marks Brothers.