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8 ) You own a commercial building that generates $ 4 3 , 5 0 0 in rent each month. You are consideringredeveloping the building

8) You own a commercial building that generates $43,500 in rent each month. You are consideringredeveloping the building into apartments and have the following options:a) Option A 6 units renting for $5,000 each, costs of $100,000, and six months for redevelopment.b) Option B 8 units renting for $4,500 each, costs of $125,000 and one year for redevelopment.c) Option C 8 units renting for $4,750 each, costs of $150,000 and 18 months for redevelopment.d) Option D 10 units renting for $5,500 each, costs of $200,000 and two years for redevelopment.Assume you are looking over a 11-year investment window, which option should you choose andwhy?
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