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. The firm believes that, given the risk of this project, the WACC method is RiverRocks, Inc., is considering a project with the following
. The firm believes that, given the risk of this project, the WACC method is RiverRocks, Inc., is considering a project with the following projected free cash flows: valuing the project. RiverRocks' WACC is 11.6%. Should it take on this project? Why or why not? The timeline for the project's cash flows is: (Select the best choice below.) A. Cash Flows (millions) $49.5 $10.6 $20.6 $20.7 $14.6 + Year 0 1 2 3 4 B. Cash Flows (millions) - $49.5 $10.6 $20.6 $20.7 $14.6 Year 0 1 2 3 4 C. Cash Flows (millions) $49.5 - $10.6 - $20.6 - $20.7 - $14.6 Year D. Cash Flows (millions) - $49.5 Year 1 2 3 4 - $10.6 - $20.6 - $20.7 - $14.6 1 2 3 4 The net present value of the project is $ million. (Round to three decimal places.) RiverRocks take on this project because the NPV is (Select from the drop-down menus.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Year 0 1 2 Cash Flow (in millions) - $49.5 $10.6 $20.6 3 $20.7 4 $14.6
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