Answer:
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
