Question: RiverRocks, Inc., is considering a project with the following projected free cash flows: The firm believes that, given the risk of this project, the WACC
RiverRocks, Inc., 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. RiverRocks' WACC is 12.3%. Should it take on this project? Why or why not? Year c. Cash Flows (millions) Year D. Cash Flows (millions) Year The net present value of the project is $ million. (Round to three decimal places.)
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