World of Chocolate Inc. is considering expanding its chocolate business and starting selling a new line of dark chocolate gift boxes. World of Chocolate Inc. estimates that $1,560,000 would be needed for launching this multi-year investment project. World of Chocolate Inc.'s R&D team believes that the company can expect an inflow of $103,000 in income after taxes. The company's R&D team also estimates a 4 % annual growth of these after-tax income amounts indefinitely. a-1 According to the NPV investment valuation technique, at a 10 % required return, the value of this new project of World of Chocolate Inc. equals ___ The R&D team should recommend that World of Chocolate Inc. _______ this multi-year project (given the same 10 % annual return used in the above calculations). multiple choice Accept Reject b. One last question: The 4 % 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 10 % 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%.)