asked 6.0k views
0 votes
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

asked
User Ulaga
by
7.8k points

2 Answers

4 votes
(78000 / 2) * 5000 =

78000*2 = 39000

39000* 5000 = 195000000
answered
User Anuja
by
8.5k points
3 votes

Answer:

$2500x, where "X" is the total number of shares

Explanation:

Let us assume that the total number of shares held by Live Fund in Marks Brothers is X.

Half of the shares = X/ 2

If each share is valued at $5000, then the total value of the number of shares sold = 5000 (X/ 2)

Simplifying the above, we get

= $2500x

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

Hope this will helpful.

Thank you.

answered
User Moe
by
8.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.