You can buy property today for $3.6 million and sell it in 5 years for $4.6 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? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.) 5. Is the property investment attractive to you? --1. What is the present value of the future cash flows, if you also could earn $260,000 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.) --2. Is the property investment attractive to you now? a. million b. C-1. c-2. Present value Is the property investment attractive to you? Present value Is the property investment attractive to you now? million