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Question 11, P 13-21 (si... > HW Score: 83.33%, 12.5 of 15 points O Points: 0 of 1 S River Rocks (whose WACC is 12.1%)

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Question 11, P 13-21 (si... > HW Score: 83.33%, 12.5 of 15 points O Points: 0 of 1 S River Rocks (whose WACC is 12.1%) is considering an acquisition of Raft Adventures (whose WACC is 15.2%). The purchase will cost $102.3 million and will generate cash flows that start at $15.9 million in one year and then grow at 4.1% 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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