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The net present value of the project is $ ___ million. (Round to three decimal places) RiverRocks, Inc., is considering a project with the following
The net present value of the project is $ ___ million. (Round to three decimal places)
RiverRocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow (in millions) 4 $50.7 9.5 $19.1 $19.6 $14.4 The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project RiverRocks WACC is 1 1.8%. Should it take on this project? Why or why notStep by Step Solution
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
5th Edition
0072339160, 978-0072339161
