Question: Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: Initial investment at start of project: $12,700,000 Cash flow

Comparing all methods. Risky Business is looking at a project with the following estimated cash flow: Initial investment at start of project: $12,700,000 Cash flow at end of year one: $2,159,000 Cash flow at end of years two through six: $2,540,000 each year Cash flow at end of years seven through nine: $2,590,800 each year Cash flow at end of year ten: $1,992,923 Risky Business wants to know the payback period, NPV, IRR, MIRR, and Pl of this project. The appropriate discount rate for the project is 12%. 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 pojct at Risky Business? years (Round to two decimal places.)
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