Alpha Industries is considering a project with an initial cost of $$8\mathrm{.}4$ million. The project will profuce cash inflows of $$1\mathrm{.}64$ million per year for $8$ years. The project has the same risk as the firm. The firm has a pretax cost of debt of $5\mathrm{.}73$ percent and a cost of equity of $11\mathrm{.}35$ percent. The debt$-$equity ratio is $\mathrm{.}64$ and the tax rate is $39$ percent. What is the net present value of the project?