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(Click on the following icon in order to copy its contents into a spreadsheet.) Initial investment at start of project: $13,600,000 Cash flow at end
(Click on the following icon in order to copy its contents into a spreadsheet.) Initial investment at start of project: $13,600,000 Cash flow at end of year one: $2,312,000 Cash flow at end of years two through six: $2,720,000 each year Cash flow at end of years seven through nine: $3,005,600 each year Cash flow at end of year ten: $2,146,857 Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: wants to know the payback period, NPV, IRR, MIRR, and PI of this project. The appropriate discount rate for the project is 8\%. If the cutoff period is 6 years for major projects, determine whether the management at Risky Business will accept or reject the project under the five different decision models
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