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You have bought a house today at the price of $600,000.In the next three years, you will rent out this house and get a rent

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You have bought a house today at the price of $600,000.In the next three years, you will rent out this house and get a rent of $50,000 each year. In year 4, you will sell the house at the price of $900,000. Suppose the discount rate (interest rate) is always 10% and in year 4, there is no rent income. Please draw the cash flow diagram. Please find out the NPV0. Do you want to take this project. Suppose that the price for selling the house in year 4 is unknown, but wo know that the NPv0 for taking this project is 0, what is the price for selling your house in year 4

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