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

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Consider the case of Krause Inc.: Krause Inc. 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? $7,505.40 -$23,730.21 -$7,244.50 $26,719.70 Suppose Krause Inc. has enough capital to fund the project, and the project is not competing for funding with other projects. Should Krause Inc. accept or reject this project? Accept the project Reject the project

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