Question: = Homework: Homework #11 Question 11, P 13-19 (si... Part 2 of 3 HW Score: 2.27%, 0.25 of 11 points Points: 0.25 of 1 Save

 = Homework: Homework #11 Question 11, P 13-19 (si... Part 2

= Homework: Homework #11 Question 11, P 13-19 (si... Part 2 of 3 HW Score: 2.27%, 0.25 of 11 points Points: 0.25 of 1 Save River Rocks, Inc., is considering a project with the following projected free cash flows: 0 1 2 3 4 Year Cash Flow (in millions) - $49.3 $10.1 $20.7 $20.6 $15.7 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 11.6%. Should it take on this project? Why or why not? Year 0 1 2 3 4 B. Cash Flows (millions) - $49.3 - $10.1 - $20.7 $20.6 - $15.7 Year 0 1 2 3 4 O C. Cash Flows (millions) $49.3 $10.1 $20.7 $20.6 $15.7 Year 0 1 2 3 4 O D. Cash Flows (millions) $49.3 - $10.1 - $20.7 - $20.6 - $15.7 Year 0 1 2 3 The net present value of the project is $ million. (Round to three decimal places.)

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