Question: A B ents Prob Question 12 4 pts 2 lings 3 Recession 0.75 A Normal 0.25 Lee Sang-yoon needs to capture a return of 38

A B ents Prob Question 12 4 pts 2 lings 3
A B ents Prob Question 12 4 pts 2 lings 3 Recession 0.75 A Normal 0.25 Lee Sang-yoon needs to capture a return of 38 per cent for his one- 5 Boom year investment in a property. He believes that he can sell the Boom property at the end of the year for $203,712 and that the property will provide him with rental income of $25,110. What is the maximum amount that Sang-yoon should be willing to pay for the 10 property? 11 1.00 12 Round your answer to 2 decimal places. E.g. if the final value is Expected $12345.8342, please type 12345.83 in the answer box (do not type 13 return CS the dollar sign). 14 Variance 15 SD 16

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