The owner of a financially distressed property in Texas can dispose of it at a $$2$ million loss today. If the period of recovery for the project is expected to be three years, with annual before tax carrying costs of $$1,000,000,$ $$800,000$ and $$600,000$ respectively, should the property be sold? Assume that the market value of the property immediately before the downturn in the Texas market was $$10,000,000.$ Today the market value of the property is estimated to be $$8,000,000.$ In three years, the market value of the property is expected to again be $$10,000,000.$ The appropriate discount rate is $15\%.$ Selling expenses are assumed to be zero. Should the property be sold if the discount rate is now $20\%?$