Delaunchurl=https%625 Vk 3 Quiz (due Mon] 0 Saved You can buy property today for $2.2 million and sell it in 5 years for $3.2 million. (You earn no rental income on the prope a. If the Interest rate is 10%, what is the present value of the sales price? (Do not round intermediate calculations. Enter in millions rounded to 3 decimal places.) b. Is the property Investment attractive to you? c-1. What is the present value of the future cash flows. If you also could earn $120,000 per year rent on the property? The at the end of each year. (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal c-2. Is the property Investment attractive to you now? P a. million b. Present value Is the property investment attractive to you? Present value Is the property investment attractive to you now? c-1. million 62