Company holdings in marks brothers total number of shares 78,000 live fund is selling their holdings at 5,000 per share how much would live fund receive if they sold half their holdings in marks brothers

The fund will receive US$ 195 million for selling half of their holdings in Marks Brothers

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Number of shares of Marks brothers the company has = 78,000

Value of each share = US$ 5,000

2. How much would live fund receive if they sold half their holdings in Marks brothers?

Half of the holdings = 78,000/2

Half of the holdings = 39,000

Money they will receive = 39,000 * 5,000

Money they will receive = 195'000,000

The fund will receive US$ 195 million for selling half of their holdings in Marks Brothers

step-by-step explanation:

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