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RiverRocks ( whose WACC is 1 1 . 8 % ) is considering an acquisition of Raft Adventures ( whose WACC is 1 5 .
RiverRocks whose WACC is is considering an acquisition of Raft Adventures whose WACC is The purchase will cost $ million and will generate cash flows that start at $ million in one year and then grow at per year forever. What is the NPV of the acquisition?
The net present value of the project is $ million. Round to two decimal places.
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