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8. The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business will have a life of 30 years. As a result, the cemetery project will provide a net cash inflow of $40,000 for the firm during the first year, and the cash flows are projected to grow at a rate of 7 percent per year over the life of the project. The project requires an initial investment of $650,000. If Yurdone requires a 14 percent return on such undertakings, should the cemetery business be started