RiverRocks, Inc., is considering a project with the following projected free cash flows: Year 0 Cash Flow - $50.5 (in millions) Cash Flows (milions) Year D. Cash Flows (millions) Year 350.5 The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. RiverRocks' WACC is 12.6%. Should it take on this project? Why or why not? 0 $50.5 The net present value of the project is $ DY.Y 1 1 $9.9 $9.9 CY 2 2 $19.9 $19.9 $19.0 3 $19.6 3 $19.6 3 million. (Round to three decimal places.) 15.1 $15.7 4 4 $15.7 Clear all Check answer

RiverRocks, Inc., is considering a project with the following projected free cash flows: The fim believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project RiverRocks' WACC is 12.6%. Should it take on this project? Why or why not? Year D. Cash Flows (millions) Year The net present value of the project is $ million. (Round to three decimal places.)