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RiverRocks, Inc., is considering a project with the following projected free cash flows Year Cash Flow (in millions) $14.4 $19.1 $19.7 $9.1 - $50.9 The
RiverRocks, Inc., is considering a project with the following projected free cash flows Year Cash Flow (in millions) $14.4 $19.1 $19.7 $9.1 - $50.9 The firm believes that, given the risk of this p oject, the WACC method is the appropriate approach to valuing the pr ject RiverRocks WACC is 11.8%. Should it take on this project? Why or why not? The timeline for the project's cash flows is: (Select the best choice below.) -$19.1 $19.7S14.4 $9.1 -$50.9 Cash Flows (millions) A. 4 Year $14.4 $19.7 9.1 $19.1 $50 9 Cash Flows (millions) 0 B. Year $19.1 -$9.1 $19.7$14.4 $50.9 C. Cash Flows (millions) Year $14.4 $19.1 $19.7 $9.1 D. Cash Flows (millions)$509 4 Year The net present value of the project is Smillion. (Round to three decimal places.)
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