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provide calculation You can buy a property today for $4.0 million and sell it in 6 years for $5.0 million. (You earn no rental income

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You can buy a 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 rate is 9%, what is the present value of the sales price? Note: Do not round intermediate calculations, Enter your answer 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 $300,000 per-year rent on the property? The rent is paid at the end of each yeat. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. c2 is the property investment attractive to you now

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