Answer:
The bank is wiling to pay "approximately $820,000,000".
Explanation:
As we know,
Earnings from selling of $22/start sharing $40 million shareholdings:
⇒ [tex]40,000,000\times 22[/tex]
⇒ $[tex]880,000,000[/tex]
Fee of banker at 6.82% will be:
⇒ [tex]880,000,000\times 0.0682[/tex]
⇒ $[tex]60,016,000[/tex]
Idle investment company willingness to spend on time will be:
⇒ [tex]880,000,000-60,016,000[/tex]
⇒ $[tex]819,984,000[/tex]
So that the bank is willing to pay "approximately $820,000,000".
