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McCall Corporation is evaluating a proposed capital budgeting project that will require an initial investment of 156,000. The project is expected to generate the following

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McCall Corporation is evaluating a proposed capital budgeting project that will require an initial investment of 156,000. The project is expected to generate the following net cash flows: Year 1 Year 2 Year 3 Year 4 YearCash Flow $43,000 $51,400 $47,700 $46,400 Assume the desired rate of return on a project of this type is 11%. what is the net present value of this project? $7,505.40 O $15,845.40 O -$7,244.50 O-$10,100.92 Suppose McCall Corporation has enough capital to fund the project, and the project is not competing for funding with other projects. Should McCall Corporation accept or reject this project? O Accept the project O Reject the project

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