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UULIJU) Aquestionid=1&flushed=... FIN 3403 - Business Finance (1) Oba Homework: Chapter 13 Homework Save Score: 0 of 1 pt 10 of 13 (13 complete) N

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UULIJU) Aquestionid=1&flushed=... FIN 3403 - Business Finance (1) Oba Homework: Chapter 13 Homework Save Score: 0 of 1 pt 10 of 13 (13 complete) N Score: 92.31%, 12 of ... XP 13-21 (similar to) Question Help River Rocks, whose WACC is 11.2%, is considering an acquisition of Raft Adventures (whose WACC is 14.5%). The purchase will cost $100.4 million and will generate cash flows that start at $15.7 million in one year and then grow at 3.6% per year forever. What is the NPV of the acquisition? The net present value of the project is $ million. (Round to two decimal places.)

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