3. Net present value method Aa Aa Consider the case of McCall Corp.: McCall Corp. is evaluating a proposed capital budgeting project that will require an initial investment of $14D,DDD. The project is expected to generate the following net cash flows Year 1 Year 2 Year 3 Year 4 Year Cash Flow $40,600 $51,000 $46,500 $44,400 Assume the desired rate of retum on a project of this type is g%. What is the net present value of this project? O $7,534.00 O $23,914.50 O-$4,415.10 O $21,109.3D Suppose McCall Corp. has enough capital to fund the project, and the project is not competing for funding with other projects. Should McCall Corp. accept or reject this project? O Accept the project O Rejedt the project