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Part $1$

RiverRocksRiverRocks $($whose WACC is $12\mathrm{.}112\mathrm{.}1\%)$ is considering an acquisition of Raft AdventuresRaft Adventures $($whose WACC is $15\mathrm{.}615\mathrm{.}6\%).$ The purchase will cost $$$$100\mathrm{.}5100\mathrm{.}5$ million and will generate cash flows that start at $$$$14\mathrm{.}114\mathrm{.}1$ million in one year and then grow at $3\mathrm{.}8\%3\mathrm{.}8\%$ per year forever. What is the NPV of the$$ acquisition?