4. Net present value method Underwood Manufacturing is evaluating a proposed capital budgeting project that will require an initial investment of $128.000. The project is expected to generate the following net cash Mows: Year Cash Flow $38,800 $50,700 $45,600 $42.900 Assume the desired rate of return on a project of this type is 10 The net present value of this projects Suppose Underwood Manufacturing has enough capital to fund the project, and the project is not competing for funding with other projects. Should Underwood Manufacturing accept or reject this project? Reject the project Accept the project