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Darling Enterprises is evaluating a proposed capital budgeting project that will require an initial investment of $116,000. The project is expected to generate the following

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Darling Enterprises is evaluating a proposed capital budgeting project that will require an initial investment of $116,000. The project is expected to generate the following net cash flows: Year Cash Flow Year 1 $37,000 Year 2 $50,400 Year 3 $44,700 Year 4 $41,400 Assume the desired rate of return on a project of this type is 10%6. What is the net present value of this project? (Note: Do not round intermediate calculations.) $21,149.78 $26.719.70 -$15.732.70 -$4.415.10 uppose Darling Enterprises has enough capital to fund the project, and the project is not competing for funding with other projects. Should Darling nterprises accept or reject this project? Accept the project Reject the project

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