$250$ acres total; $$140,000$ total purchase price. You receive pre$-$tax Conservation Reserve Program $($CRP$)$ payments of $$45$ per acre for $100$ acres while the other $150$ acres you expect a $$25$ pre$-$tax return per acre for each year. The nongovernment payments are in real terms. Assume you will sell the land in $20$ years. $8\mathrm{.}0\%$ nominal pre$-$tax cost of capital. $3\mathrm{.}0\%$ expected general inflation $21\mathrm{.}0\%$ tax bracket $20\mathrm{.}0\%$ capital gains tax rate $20-$year planning horizon $1.(8$ points$)$ Determine if the investment is desirable by calculating the NPV and CRCs using our NPV budget format under the above assumptions. Note: For calculating the tax amount $(=)$ on a land investment, you will need to use the capital gains tax $()$ rate rather than the regular income tax rate $().2.(2$ points$)$ What is the maximum bid price $()$ per acre? Hint: Your terminal value should be $$243,825\mathrm{.}02$ in Question $1.$ Use this to calculate your answer to Question $2.3.(2$ points$)$ What is the breakeven terminal value $()$ per acre for this land investment?