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RuverRocks (whose WACC is 11.4%) is considering an acquistion of Raft Adventures (whose WACC is 14.4% ). What is the appropriate discount rate for FiverRocks
RuverRocks (whose WACC is 11.4\%) is considering an acquistion of Raft Adventures (whose WACC is 14.4% ). What is the appropriate discount rate for FiverRocks to use to eviluate the acquistion? Wity? The sopropriate discount rote for Riverfocks to ine to evaluate the acquiston is K. (Round to one decimal place.)
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