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 10%. If the cutolf period is 6 years for major projects, determine whether management will accept or reject the project under the three different decision models. (Click on the following icon P in order to copy its contents into a spreadsheet) Initial cash outflow: $11,900,000 Years one through four cash inflow: $2,975,000 each year Year five cash outflow; $1,190,000 Initial cash outflow: $11,900,000 Years one through four cash inflow: $2,975,000 each year Year five cash outflow: $1,190,000 Years six through eight cash inflow: $534,667 each year What is the payback period for the new toy at Tyler's Toys? Get more help