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 $101,000 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 $1,540,000.

a-1
what is the npv for the project if yurdone's required return is 12 percent? (negative amount should be indicated by a minus sign. do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))

npv $

a-2
if yurdone requires a return of 12 percent on such undertakings, should the firm accept or reject the project?

reject
accept

b.
the company is somewhat unsure about the assumption of a 3 percent growth rate 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? (round your answer to 2 decimal places. (e. g., 32.16))

constant growth rate %