Question: RiverRocks (whose WACC is 11.9% ) is considering an acquisition of Raft Adventures (whose WACC is 15.9%). The purchase will cost $102.6 million and will

RiverRocks (whose WACC is 11.9% ) is considering an acquisition of Raft Adventures (whose WACC is 15.9\%). The purchase will cost $102.6 million and will generate cash flows that start at $14.5 million in one year and then grow at 3.8% per year forever. What is the NPV of the acquisition? The net present value of the project is $ million. (Round to two decimal places.)

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