Intro Travel Corp has a WACC of 12% and wants to buy Pink Umbrella, which has a WACC of 14%, for $22 million Pink Umbrella is expected to generate a cash flow from assets of $3 million next year, which will then grow by 3% per year forever Attempt 1/99 for 10 pts Part 1 What discount rate should Travel Corp. use to valuate Pink Umbrella? 3+ decimals Submit Part 2 What is the NPV of the acquisition (in $ million)? 1 + decimals Submit