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Krause Corp. is evaluating a proposed capital budgeting project that will require an initial investment of $124,000. The project is expected to generate the following

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Krause Corp. is evaluating a proposed capital budgeting project that will require an initial investment of $124,000. The project is expected to generate the following net cash flows: Year Cash Flow Year 1 Year 2 $38,200 $50,600 $45,300 $42,400 Year 3 Year 4 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 intermediate calculations.) $15,539.79 -$4,415.10 0-$20,968.70 O -$12,903.30 Suppose Krause Corp. has enough capital to fund the project, and the project is not competing for funding with other projects. Should Krause Corp. accept or reject this project? Reject the project WE

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