RiverRocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow (in millions) 0 1 2 3 4 - $49.3 $9.3 $19.4 $19.6 $14.7 The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. RiverRocks' WACC is 11.9% 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 (millions) - $49.3 $9.3 $19.4 $19.6 $14.7 Year 0 2 OB Cash Flows (millions) $49.3 -$9.31 -$194 -$19.6 -$14.7 Year 0 2 3 C. Cash Flows (millions) $49.3 $9.3 $19.4 -$19.6 -$14.7 Year 0 2 D. Cash Flows (millions) $49 3 503 $19.4 $19.6 $14.7) Year 0 The net present value of the project is $million (Round to three decimal places.)