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I need help with this question. You can buy property today for 4.0 million and sell it in 6 years for 5.0 million. (you earn

I need help with this question. You can buy property today for 4.0 million and sell it in 6 years for 5.0 million. (you earn no rental income on the property)

A. If the interest is 9%, what is the present value of the sales price?

B. Is the property investment attractive to you?

C-1. What is the present value of the future cash flows, if you could earn 300,000 per year rent on the property? The rent is paid at the end of the year.

C-2. Is the property investment attractive to you now?

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