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P 13-21 (similar to) Question Help RiverRocks, whose WACC is 12.2 % , is considering an acquisition of Raft Adventures (whose WACC is 15.1 %

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P 13-21 (similar to) Question Help RiverRocks, whose WACC is 12.2 % , is considering an acquisition of Raft Adventures (whose WACC is 15.1 % ) . The purchase will cost $100.9 million and will generate cash flows that start at $15.3 million in one year and then grow at 3.8 % per year forever. What is the NPV of the acquisition? The net present value of the project is $million. (Round to two decimal places.)

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