you can buy a property today for $3.1 million and sell it in 6 years for $4.1 million. (you earn no rental income on the property.)

A. if the interest rate is 7%, what is the present value of the sales price? (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 $210,000 per year rent on the property? The rent is paid at the end of each year. (do not round intermediate calculations. enter your answer in millions rounded to 3 decimal places.)

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