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P9-22 (similar to) Question Help Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: Risky Business wants to
P9-22 (similar to) Question Help Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: Risky Business wants to know the payback period, NPV, IRR, MIRR, and Pl of this project. The appropriate discount rate for the project is 10%. 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. What is the payback period for the new project at Risky Business? years (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? 9 parts remaining Clear All Check Answer X Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Initial investment at start of project: $10,600,000 Cash flow at end of year one: $1,802,000 Cash flow at end of years two through six: $2,120,000 each year Cash flow at end of years seven through nine: $1,982,200 each year Cash flow at end of year ten: $1,524,769 Print Done
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