1 Answer

Mouche · Answer 1 · 2020-11-21T02:07:34+0000

Live Fund receive
$\bold{\$2500 A}$ it they sold half thier holding in Marks Brothers.

Solution:

Given: Sale price of Live Fund holding = 5000 dollar

To find: Amount that Live Fund will get if they sell half of their holding in Marks Brothers.

Assume the total number of shares held by Live Fund in Marks Brothers as A

Therfore, half the holdings (or half the number of shares) of Live Fund will be
(A)/(2) .

Thus, if each share is valued at
$\$5000$ , then the total value of the number of shares sold will be as follows,

$\Rightarrow5000*(A)/(2)\text{ dollars }\rightarrow(5000* A)/(2)\text{ dollars }$

$\Rightarrow2500 A\text{ dollars }$

Hence, Live Fund will receive
$\$2500 A$

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