Question: Please show all intermediate steps and formulas used. Use excel to complete the problem. The Yurdone Corporation wants to set up a private cemetery business.

Please show all intermediate steps and formulas used. Use excel to completePlease show all intermediate steps and formulas used. Use excel to complete the problem.

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 $104,000 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 $1,570,000. a-1. What is the NPV for the project if the company requires a return of 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.) a-2. Should the company accept or reject the project? 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 even if it still required a return of 12 percent on Investment? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a-1 NPV a-2. Accept/Reject b. Growth rate 96

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