The net present value of the project is $___ million

RiverRocks, Inc., is considering a project with the following projected free cash flows: 1 2 3 4 Year 0 Cash Flow - $50.6 $9.7 $19.7 $19.6 $15.9 (in millions) The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. River Rocks' WACC is 12.3%. Should it take on this project? Why or why not? Year 2 3 C. Cash Flows (millions) $50.6 - $9.7 - $19.7 - $19.6 - $15.9 1 Year 0 1 2 3 O D. Cash Flows (millions) - $50.6 - $9.7 - $19.7 - $19.6 - $15.9 Year 0 1 2 3 4 The net present value of the project is $ million. (Round to three decimal places.)