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RiverRocks, whose WACC is 12.1%, is considering an acquisition of Raft Adventures (whose WACC is 15.9%). The purchase will cost $102.5 million and will generate

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RiverRocks, whose WACC is 12.1%, is considering an acquisition of Raft Adventures (whose WACC is 15.9%). The purchase will cost $102.5 million and will generate cash flows that start at $15.3 million in one year and then grow at 3.9% per year forever. What is the NPV of the acquisition? 13. The net present value of the project is $ million. (Round to two decimal places.)

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