The following data are accumulated by Geddes Company in evaluating the purchase of $138,200 of equipment, having a four-year useful lif a. Assuming that the desired rate of return is 6%, determine the net present value for the proposal Use the table of the present value of 51 presented above. If required, round to the nearest dollar: b. Would management be likely to look with favor on the proposal? because the net present value indicates that the retum on the proposal is than the minimum desired rate of return of 6%