$1.$ 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 $$124,000$ for the firm during the first year and the cash flows are projected to grow at a rate of $5\mathrm{.}7\%$ per year forever. The project requires an initial investment of $$1,470,000.$ Answer the following questions:

a$.$ If the required return is $13\%$ on undertakings, what is the NPV of the project?

b$.$ the company is somewhat unsure about the assumption of growth rate of $5\mathrm{.}7$ percent in its cash flows. at what constant growth rate would the company just break even if it still required a return of $13$ percent on its investment?