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 $150,000 for the firm during the first year, and the cash flows are projected to grow at a rate of 5 percent per year forever. The project requires an initial investment of $1,800,000. If Yurdone requires a 10 percent return on such undertakings, what is the NPV of this project?

(HINT: Growing perpetuity....How much money do you make ore lose on this project?)