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Save Homework: Chapter 8 Homework Score: 0 of 1 pt 8 of 12 6 complete) HW Score: 41.67%, 5 of 12 pts P 8-27 (similar

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Save Homework: Chapter 8 Homework Score: 0 of 1 pt 8 of 12 6 complete) HW Score: 41.67%, 5 of 12 pts P 8-27 (similar to) Question Help You are considering making a movie. The movie is expected to cost $10.2 million up front and take a year to produce. After that, it is expected to make $4.2 million in the year it is released and $1.8 million for the following four years. 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 10.5%? What is the payback period of this investment? The payback period is yours. (Round to one decimal place.)

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