The company believes that given the level of risk of this project, the WACC method is the appropriate approach to valuing the project. The company's WACC is 11%. What is the Net Present Value for this project? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "g" sign HINT: Calculate ALL THE PRESENT VALUES and add them together QUESTION 14 River Rocks (whose WACC is 12% ) is considering an acquisition of Raft Adventures (whose WACC is 15% ). Is 12% the appropriate discount rate for River Rocks to use to evaluate the aequisition? Yes No QUESTION 15 Company A primarily sells coffee. It recently introduced a new coffee-flavored liquor. Suppose the firm faces a tax rate of 35% and collects the following information. If it plans to finance 85% of the new liquor-focused division with debt and the rest with equity, what WACC should it use for its liquor division? Assume a cost of debt of 5.44%, a risk-free rate of 4.80%, and a risk premium of 10.3%. NOTE: Answer in percentages. If your answer is 0.0204, you must answer 2.04. Do not use the " 9% " sign