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b. One last question: The 3% annual growth given above is the R&D team's best guess given the current market. However, the market may change

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b. One last question: The 3% annual growth given above is the R\&D team's best guess given the current market. However, the market may change in the future. Recalculate this growth rate - at what rate would World of Chocolate Inc. be indifferent between launching or not launching this project? (Again, for any calculations 12% should be used for your project's required rate of return.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., type 32.16 if you got 32.16%.)

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