River Rocks, Inc., is considering a project with the following projected free cash flows: 0 1 2 3 4 Year Cash Flow (in millions) - $49.4 $10.2 $19.2 $19.1 $15.2 The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. RiverRocks' WACC is 11.4%. Should it take on this project? Why or why not? A. Cash Flows (millions) $49.4 $10.2 $19.2 $19.1 $15.2 Year 2 3 B. Cash Flows (millions) - $49.4 $10.2 $19.2 $19.1 $15.2 Year 0 1 2 3 C. Cash Flows (millions) $49.4 - $15.2 - $10.2 1 1 - $19.2 + 2 - $19.1 + 3 Year 0 4 O D. Cash Flows (millions) - $49.4 - $10.2 - $19.2 - $19.1 - $15.2 Year 1 2 3 4 The net present value of the project is $ - 1.518 million. (Round to three decimal places.)