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Save Homework: Ch 13 HW Assignment - FIN500 F... HW Score: 66.67%, 10 of 15 points Question 14, P 13-21 (s... Points: 0 of 1

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Save Homework: Ch 13 HW Assignment - FIN500 F... HW Score: 66.67%, 10 of 15 points Question 14, P 13-21 (s... Points: 0 of 1 River Rocks, whose WACC is 115%, is considering an acosition of Raf Advertures (wiose WACC a 15.6%). The purchase will cost $104.1 million and wil generate cash flows that start at 5154 milion in one year and then grow at 3.6% per year forever. What is the NPV of the acquisition? The net prosent value of the project in $ 24.23 milion (Round to two decimal places)

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