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Genaro needs to capture a return of 24 percent for his one-year investment in a property. He believes that he can sell the property at

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Genaro needs to capture a return of 24 percent for his one-year investment in a property. He believes that he can sell the property at the end of the year for $110,000 and that the property will provide him with rental income of $10,000. What is the maximum amount that Genaro should pe willing to pay for the property? $106,000.31 $92,741.94 $96.774.20 $104,838.71

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