RiverRocks, Inc., is considering a project with the following projected free cash flows: Year 1 2 3 Cash Flow - $49.7 $10.2 $19.6 $19.6 $15.1 (in millions) The firm believes that, given the risk of...

Extracted text: RiverRocks, Inc., is considering a project with the following projected free cash flows: Year 1 2 3 Cash Flow - $49.7 $10.2 $19.6 $19.6 $15.1 (in millions) The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. RiverRocks' WACC is 12.4%. Should it take on this project? Why or why not? The timeline for the project's cash flows is: (Select the best choice below.) O A. Cash Flows (millions) - $49.7 - $10.2 - $19.6 - $19.6 - $15.1 Year 1 2 3 4 O B. Cash Flows (millions) $49.7 $10.2 $19.6 $19.6 $15.1 Year 1 4 O C. Cash Flows (millions) - $49.7 $10.2 $19.6 $19.6 $15.1 Year 1 2 3 4 O D. Cash Flows (millions) $49.7 - $10.2 - $19.6 $19.6 - $15.1 Year 1 2 4 The net present value of the project is S million. (Round to three decimal places.) RiverRocks V take on this project because the NPV is (Select from the drop-down menus.)