Question: Drop downs are: should/ should not and positiveegative RiverRocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow in


Drop downs are: should/ should not and positiveegative
RiverRocks, Inc., is considering a project with the following projected free cash flows: Year Cash Flow in millions) - $49.4 $9.1 $19.6 $1 $19.3 $15.1 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 12.8%. Should it take on this project? Why or why not? The net present value of the project is $ million (Round to three decimal places.) River Rocks take on this project because the NPV is (Select from the drop-down menus.)
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