Please show the work. If possible with the calculator. Otherwise, Excel is ok.

1. What is the IRR for the new project at Risky Business?

2 What is the MIRR for the new project at Risky Business?

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 GEIT What is the payback period for the new project at Risky Business? 520 years (Round to two decimal places.) Data table Under the payback period, this project would be accepted (Select from the drop-down menu) What is the NPV for the project at Risky Business? $ 1982179 29 (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet) Initial investment at start of project $12,300,000 Cash flow at end of year one: 51,968,000 Cash flow at end of years two through six $2,460,000 each year Cash flow at end of years seven through nine $2,361,600 each year Cash flow at end of year ton $1,816,615 Under the NPV rule, this project would be accepted (Select from the drop-down menu) What is the IRR for the new project at Risky Business? % (Round to two decimal places) O Print Done