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Genaro needs a 40 percent return on his one-year investment in a property. He believes that he can sell the property at the end of
Genaro needs a 40 percent return on 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 a rental income of $25,000. What is the maximum amount Genaro should be willing to pay for the property?
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Fundamentals Of Corporate Finance
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0135811600, 978-0135811603
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