Question: ?RiverRocks, whose WACC is 12.0 %12.0%?, is considering an acquisition of Raft Adventures? (whose WACC is 15.0 %15.0%?). What is the appropriate discount rate for

?RiverRocks, whose WACC is

12.0 %12.0%?,

is considering an acquisition of Raft Adventures? (whose WACC is

15.0 %15.0%?).

What is the appropriate discount rate for RiverRocks to use to evaluate the? acquisition? Why?

The appropriate discount rate for RiverRocks to use to evaluate the acquisition is

nothing ?%.

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