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3. You are considering making a movie. The movie is expected to cost $10.2 million up front and takte a year to produce. After that,

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3. You are considering making a movie. The movie is expected to cost $10.2 million up front and takte a year to produce. After that, it is expected to make $4.2 million in the year it is released and $1.7 million for the following four years. a. Draw a timeline of the project from your perspective. b. What is the payback period of this investment (in years)? (Round to two decimal places) c. If you require a payback period of two years, will you make the movie? d. What's the NPV of the movie if the cost of capital is 10.7%

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