4. Net present value method Aa Aa Consider the case of Underwood Enterprises: Underwood Enterprises is evaluating a proposed capital budgeting project that will require an initial investment of $148,000. The project is expected to generate the following net cash flows: Year Year 1 Year 2 Year 3 Year 4 Cash Flow $41,800 $51,200 $47,100 $45,400 Assume the desired rate of return on a project of this type is 11%, what is the net present value of this project? O -$20,968.70 O-$4,441.77 O -$26,579.10 O $18,304.10 Suppose Underwood Enterprises has enough capital to fund the project, and the project is not competing for funding with other projects. Should Underwood Enterprises accept or reject this project? O Accept the project O Reject the project