Genaro needs to capture a return of 40 for his one-year


Genaro needs to capture a return of 40% for his one-year investment in a property. He believes that he can sell the property at the end of the year for $150,000 and that the property will provide him with rental income of $24,000. What is the maximum amount that Genaro should be willing to pay for the property?

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Financial Management: Genaro needs to capture a return of 40 for his one-year
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