Question

Live Fund has set their holdings at $5000 per share. How much would Live Fund receive if they sold half their holdings to Mark Brothers?"

A) $2,500 per share
B) $3,000 per share
C) $5,000 per share
D) $7,500 per share

Answer 1

Live Fund would receive $2500 per share if they sold half their holdings to Mark Brothers.

Step-by-step explanation:

To determine how much Live Fund would receive if they sold half their holdings to Mark Brothers, we need to calculate half of their total holdings. Live Fund has set their holdings at $5000 per share, so to find half the value, we multiply $5000 by 0.5.

$5000 * 0.5 = $2500

Therefore, if Live Fund sold half their holdings to Mark Brothers, they would receive $2500 per share.