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RiverRocks, whose WACC is 1 1 . 9 % , is considering an acquisition of Raft Adventures, whose WACC is 1 5 . 8 %
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?
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The net present value of the project is $
enter your response here million. Round to two decimal places.
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