Live Fund receive [tex]\bold{\$2500 A}[/tex] 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 [tex]\frac{A}{2}[/tex].
Thus, if each share is valued at [tex]\$5000[/tex], then the total value of the number of shares sold will be as follows,
[tex]\Rightarrow5000\times\frac{A}{2}\text{ dollars }\rightarrow\frac{5000\times A}{2}\text{ dollars }[/tex]
[tex]\Rightarrow2500 A\text{ dollars }[/tex]
Hence, Live Fund will receive [tex]\$2500 A[/tex]
