Developed Electric Co., Ltd. plans to raise 50 million yuan to invest in a high-tech project. It plans to raise money in three ways: First, it borrows 17.5 million yuan from the bank, the interest rate is 16%, and the interest is paid on an annual basis. B. Equivalent issuance of enterprise bonds of 12.5 million yuan, coupon rate of 18%, annual interest payment, issuance expense ratio of 4.5%; C. Equivalent issuance of common shares of 20 million yuan, the expected dividend in the first year is 3.375 million yuan, increasing by 5% annually thereafter, and the stock issuance fee is 1.0125 million yuan. It is estimated that the project life cycle is 12 years. After putting into operation, the company will get a net operating cash flow of 9.45 million yuan every year. If the corporate tax rate is 25%, 

(1) What is the average rate of return of the project (on a cash flow basis)?

(2) What is the net present value of the project (the discount rate is rounded to the whole number)?

(3) If you were a company boss, would you invest? Why is that?