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Consider the case of Darling Engineering: Darling Engineering is evaluating a proposed capital budgeting project that will require an initial investment of $180,000. The project

image text in transcribed Consider the case of Darling Engineering: Darling Engineering is evaluating a proposed capital budgeting project that will require an initial investment of $180,000. The project is expected to generate the following net cash flows: Assume the desired rate of return on a project of this type is 10%. What is the net present value of this project? (Note: Do not round your intermediate calculations.) $18,163.50 $23,730.21 $15,358.30 $10,073.90 Suppose Darling Engineering has enough capital to fund the project, and the project is not competing for funding with other projects. Should Darling Engineering accept or reject this project? Reject the project Accept the project

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