8 RiverRocks Inc is considering a project with the following

Last updated: 8/1/2023

8 RiverRocks Inc is considering a project with the following projected free cash flows Year Cash Flow in millions 0 50 9 9 4 a The net present value of the project is b Should RiverRocks take on this project 1 2 19 9 3 20 1 4 14 3 The firm believes that given the risk of this project the WACC method is the appropriate approach valuing the project RiverRocks WACC is 11 7 million Round to three decimal places