What is the approximate net present value of this project

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A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $85,000 at the end of each year for four years. The approximate net present value of this project is _______.

$59,442
$1,387
$65,375
$5,161

Reference no: EM13498196

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