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Comparing all methods. Risky Business is looking at a projectwith the following estimated cash? flow:Initial investment at start of? project: ?$10,700,000Cash flow at end of year? one: ?$1,819,000Cash flow at end of years two through? six: ?$2,140,000 eachyearCash flow at end of years seven through? nine: ?$2,000,900 eachyearCash flow at end of year? ten: ?$1,539,154Risky Business wants to know the payback? period, NPV,? IRR,MIRR, and PI of this project. The appropriate discount rate for theproject is 8?%. If the cutoff period is 6 years for major?projects, determine whether the management at Risky Business willaccept or reject the project under the five different decisionmodels.a) What is the payback period for the new project at Risky?Business?b) Under the payback? period, this project would be accepted orrejected?c) What is the NPV for the project at Risky? Business?d) Under the NPV? rule, this project would be accepted orrejected?e) What is the IRR for the new project at Risky? Business?f) Under the IRR? rule, this project would be accpeted orrejected?g) What is the MIRR for the new project at Risky? Business?h) Under the MIRR? rule, this project would be accepted orrejected?i) What is the PI for the new project at Risky? Business?j) Under the PI? rule, this project would be accepted orrejected?