We need to find the volume of the titanium frame in $\mathrm{cm}^3$. We know that it displaces $0.314 \mathrm{~L}$ of water, and $1 \mathrm{~L} = 1000 \mathrm{~cm}^3$. So, the volume of the titanium frame is $0.314 \times 1000 = 314 \mathrm{~cm}^3$.
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