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Comparing all methods. Given the following after-tax cash flow on a new toy for Tyler's Toys, find the project's payback period, NPV, and IRR. The

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Comparing all methods. Given the following after-tax cash flow on a new toy for Tyler's Toys, find the project's payback period, NPV, and IRR. The appropriate discount rate for the project is 12%. If the cutoff period is six years for major projects, determine whether management will accept or reject the project under the three different decision models. Initial cash outflow: $10,800,000 Years one through four cash inflow: Year five cash outflow: $1,080,000 Years six through eight cash inflow: $2,700,000 each year $491,000 each year What is the payback period for the new toy at Tylers Toys? years (Round to two decimal places.) Under the payback period, this project would be What is the NPV for the new toy at Tyler's Toys? (Select from the drop-down menu.) Round to the nearest cent.) Under the NPV rule, this project would be (Select from the drop-down menu.) What is the IRR for the new toy at Tyler's Toys? (Round to two decimal places.) Under the IRR rule, this project would be (select from the drop-down menu.)

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