RiverRocks (whose WACC is 12.7%) is considering an acquisition of Raft Adventures (whose WACC is 14.1%). The purchase will cost $102.8 million and will generate
RiverRocks (whose WACC is 12.7%) is considering an acquisition of Raft Adventures (whose WACC is 14.1%). The purchase will cost $102.8 million and will generate cash flows that start at $14.1 million in one year and then grow at 3.8% 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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Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
