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Homework: M3: Chapter 7 Homework Save Score: 0 of 1 pt 9 of 12 (8 complete) HW Score: 58.33%, 7 of 12 pts P7-22 (similar
Homework: M3: Chapter 7 Homework Save Score: 0 of 1 pt 9 of 12 (8 complete) HW Score: 58.33%, 7 of 12 pts P7-22 (similar to) Question Help You are considering making a movie. The movie is expected to cost $10.8 million upfront and take a year to make. After that, it is expected to make $4.1 million in the first year it is released (end of year 2) and $2.1 million for the following four years (end of years 3 through 6). What is the payback period of this investment? If you require a payback period of two years, will you make the movie? Does the movie have positive NPV if the cost of capital is 10.4%? What is the payback period of this investment? The payback period is years. (Round up to nearest integer) Enter your answer in the answer box and then click Check
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