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River Rocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow - $50.1 $19.3 $9.1 (in millions) S20.2 $14.9
River Rocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow - $50.1 $19.3 $9.1 (in millions) S20.2 $14.9 The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. River Rocks' WACC is 11.7%. Should it take on this project? Why or why not? Year B. Cash Flows (millions) - $50.1 $9.1 $19.3 $20.2 $14.9 + + w Year O C. Cash Flows (millions) - $50.1 - $19.3 - $20.2 - $14.9 + Year 3 OD. Cash Flows (millions) $50.1 - $9.1 -$19.3 - $20.2 - $14.9 + Year 1 The net present value of the project is $ million. (Round to three decimal places.)
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