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What is the payback period for the new project at Risky Business? 5.1 years (Round to two decimal places.) Under the payback period, this project

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What is the payback period for the new project at Risky Business? 5.1 years (Round to two decimal places.) 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? (Round to the nearest cent.) 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? 14.27% (Round to two decimal places.) Under the IRR rule, this project would be affifepted . (Select from the drop-down menu.) What is the PI for the new project at Risky Business? (Round to two decimal places.) Under the PI rule, this project would be accepted . (Select from the drop-down menu.) Comparing all methods. Risky Business is looking at a project with the estimated cash flow as follows: Initial investment at start of project $10,800,000 Cash flow at end of year one: $1,836,000 Cash flow at end of years two through six: $2,160,000 each year Cash flow at end of years seven through nine: $2,203,200 each year Cash flow at end of year ten: $1,694,769 Risky Business wants to know the payback period, NPV, IRR, and PI of this project. The appropriate discount rate for the project is 9%. If the cutoff period is six 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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