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RiverRocks (whose WACC is 12.2E ) is considering an acqulution of Rat Autventures (whose WACC is 15.3%). What is the appropriate diecount rate for Riverfocks

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RiverRocks (whose WACC is 12.2E ) is considering an acqulution of Rat Autventures (whose WACC is 15.3\%). What is the appropriate diecount rate for Riverfocks to use to evaluate the acquistion? Why? The approprata discount rate for Riverfiocks to use to evaluate the acquistion is ith. (Round to one decimal place.)

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