Whitewater Limited is considering a project with the following projected free cash flows:

The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the

project. Whitewater's WACC is $11\mathrm{.}2\%.$ 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 flow $($millions$)$

Year

C$.$ Cash flow $($millions$)$ $$$

Year

D$.$ Cash flow $($millions$)$