Question: ??????? RiverRocks (whose WACC is ( 11.1 % ) ) is considering an acquisition of Raft Adventures (whose WACC is ( 15.8 % ) ).

??????? RiverRocks (whose WACC is \( 11.1 \% \) ) is considering an acquisition of Raft Adventures (whose WACC is \( 15.8 \% \) ). What is the appropriate discount rate for RiverRocks to use to evaluate the a 2 answers

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