Question: Gomi Waste Disposal is evaluating a project that would require an initial investment of 53,300 dollars today. The project is then expected to produce annual

Gomi Waste Disposal is evaluating a project that would require an initial investment of 53,300 dollars today. The project is then expected to produce annual cash flows that grow by 3.98 percent per year forever. The first annual cash flow is expected in 1 year and is expected to be 6,840 dollars. The projects internal rate of return is 16.81 percent and its cost of capital is 14.81 percent. What is the net present value (NPV) of the project?

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