An investment firm pruchases a large parcel of land for 3 million dollars. It makes no improvements to the land and collects no receipts for the land (no rent). In 5 years the firm anticipates that they will sell the land for 4 million dollars. The firm is in the 35% marginal tax bracket and has a WACC of 5%. If you were the CFO of this company would you purchase the land based on your understanding of Net Present Value (NPV). Please calculate your answer using and labelling the appropriate variables and please breifly explain your answer in one or two paragraphs.