XYZ Corporation wants to set up a product business. According to the CFO, business is looking up. As a result, the product business will provide a net cash inflow of $250,000 for the firm during the first year, and the cash flows are projected to grow at a rate of 7% per year forever. The project requires an initial investment of $4,000,000. The company is somewhat unsure about the assumption of a growth rate of 7% in its cash flows. What is the breakeven critical value of the growth rate if the required rate of return is 11% for such businesses? [51