4. Net present value method Underwood Inc. is evaluating a proposed capital budgeting project that will require an initial investment of $176,000. The project is expected to generate the following net cash flows: Year 2 Cash Flow $46,000 $51,900 $49,200 $48,900 4 Assume the desired rate of return on a project of this type is 11%. The net present value of this project is Suppose Underwood Inc. has enough capital to fund the project, and the project is not competing for funding with other projects. Should Underwood Inc. accept or reject this project? Accept the project O Reject the project Grade It Now Save & Continue Continue without saving