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RiverRocks, whose WACC is 12.6%, is considering an acquisition of Raft Adventures (whose WACC is 14.1%). The purchase will cost $100.4 million and will generate

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RiverRocks, whose WACC is 12.6%, is considering an acquisition of Raft Adventures (whose WACC is 14.1%). The purchase will cost $100.4 million and will generate cash flows that start at $15.5 million in one year and then grow at 4.1% per year forever. What is the NPV of the acquisition

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