Chelsea is considering starting up a new business venture 5 years from now. She wants to launch a new corporation selling her math skills to businesses to help maximize their returns on their Marketing initiatives. First, she wants to make some money via a sound Real Estate investment. She finds a deal where she can buy property today for $3 million and sell it in 5 years for $4 million. If the going interest rate is 8% compounded annually, what is the land worth (present value) today? (5 marks) Should she buy it for $3 million dollars? Why or why not? (2 marks) Later, Chelsea finds out she can rent the property for 200,000 per year and still sell it for $4 million dollars five years from now. Should Chelsea buy the property if she can rent it and then sell 5 years later? (6 marks) Why or why not? (2 marks)