LakeCraft is considering investing in a cruise ship with an expected life of $10$ years that costs $$85$ million and will produce net cash flows of $$14$ million per year. LakeCraft's cost of capital is $11\%.$ Enter your answers rounded to $2$ DECIMAL PLACES.

What is the payback period?

Number

What is the net present value $($NPV$)$ of the project?

Number

million $($Enter your answer in millions of dollars$)$