Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: Initial investment at start of project: $12,300,000 Cash flow at end of year one: $2,214,000 Cash flow at end of years two through six: $2,460,000 each year Cash flow at end of years seven through nine: $2,878,200 each year Cash flow at end of year ten: $2,214,000 Risky Business wants to know the payback period, NPV, IRR, MIRR, and PI 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.