e File Edit View History Bookmarks People Window Help Assignments: FINC 335-25: Chapter 9-Net Present ValConnect- To Do Assignments + https: ucation.com/ t.html Scarf, Channing... N Netfilx-Watch T EWU Canvas Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not completlon. Return 9 The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking up." As a result, the cemetery project will provide a net cash inflow of $88,000 for the firm during the first year, and the cash flows are projected to grow at a rate of 3 percent per year forever. The project requires an initial investment of $1,410,000. points a-1 What is the NPV for the project if the company's required return is 12 percent? (A negative answer should be Indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. NPV 402,888.88 a-2if the company requires a return of 12 percent on such undertakings, should the cemetery business be started? No O Yes b. The company is somewhat unsure about the assumption of a growth rate of 3 percent in its cash flows. At what constant growth rate would the company just break Prey 9of9 Next cBook Air