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Platinum Water Food is evaluating a project that would cost 8,950 dollars today. The project is expected to produce annual cash flows of 757.17 dollars

Platinum Water Food is evaluating a project that would cost 8,950 dollars today. The project is expected to produce annual cash flows of 757.17 dollars forever with the first annual cash flow expected in 1 year. The cost of capital associated with the project is 6.12 percent and the projects internal rate of return is 8.46 percent. What is the net present value (NPV) of the project?

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