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The CEO of Garneau Cinemas is considering making a movie and must decide between a comedy and a thriller - It doesn't have the production

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The CEO of Garneau Cinemas is considering making a movie and must decide between a comedy and a thriller - It doesn't have the production space to make both. The comedy is expected to cost 525 million up front (att-0). After that it is expected to make $18 million in the first year (at t = 1) and $3 million in each of the following two years (att = 2 and t = 3). In the fourth year (at t = 5), it is expected that the movie can be sold into syndication for 52 million with no further cash flows back to Garneau Cinemas The thriller is expected to cost $35 million up front (att0) After that, it is expected to make $20 million in the first year (at t = 1) and 53 milion in each of the following four years (att = 2.3.4 and 5) In the sixth year (at t = 6), it is expected that the movie can be sold into syndication for $30 million with no further cash flows back to Gameau Cinemas. The cost of capital is 10% and Garneau usually requires projects to have a payback within four years. Determine each project's payback and NPV and advise the CEO what she should do The payback for the comedy is ) years, and the NPV of the comedy is $ The payback for the thriller is years, and the NPV of the thriller is (Round to two decimal places as needed.)

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