RiverRocks, Inc., is considering a project with the following projected free cash? flows:

Year	0	1	2	3	4
Cash Flow ?(in millions)	negative $ 50.3?$50.3	$ 10.8$10.8	$ 20.2$20.2	$ 20.7$20.7	$ 14.4$14.4

The firm believes? that, given the risk of this? project, the WACC method is the appropriate approach to valuing the project.? RiverRocks' WACC is

12.4 %12.4%.

Should it take on this? project? Why or why? not?

The timeline for the? project's cash flows? is: ?(Select the best choice? below.)

A.

Cash Flows left parenthesis millions right parenthesisCash Flows (millions)

negative $ 50.3?$50.3

$ 10.8$10.8

$ 20.2$20.2

$ 20.7$20.7

$ 14.4$14.4

YearYear

00

11

22

33

44

B.

Cash Flows left parenthesis millions right parenthesisCash Flows (millions)

$ 50.3$50.3

negative $ 10.8?$10.8

negative $ 20.2?$20.2

negative $ 20.7?$20.7

negative $ 14.4?$14.4

YearYear

00

11

22

33

44

C.

Cash Flows left parenthesis millions right parenthesisCash Flows (millions)

negative $ 50.3?$50.3

negative $ 10.8?$10.8

negative $ 20.2?$20.2

negative $ 20.7?$20.7

negative $ 14.4?$14.4

YearYear

00

11

22

33

44

D.

Cash Flows left parenthesis millions right parenthesisCash Flows (millions)

$ 50.3$50.3

$ 10.8$10.8

$ 20.2$20.2

$ 20.7$20.7

$ 14.4$14.4

YearYear

00

11

22

33

44

The net present value of the project is

?$nothing

million.???(Round to three decimal? places.)RiverRocks

should not

take on this project because the NPV is

negative

. ?(Select from the? drop-down menus.)