The CEO of Garneau Cinemas is considering making a movie and must decide between a comedy and a thrillerit doesn't have the production space to make both. The comedy is expected to cost $25 million up front (at t = 0). After that, it is expected to make $17 million in the first year (at t = 1) and $3 million in each of the following two years (at t = 2 and t = 3). In the fourth year (at t = 5), it is expected that the movie can be sold into syndication for $2 million with no further cash flows back to Garneau Cinemas. The thriller is expected to cost $40 million up front (at t = 0). After that, it is expected to make $20 million in the first year (at t = 1) and $5 million in each of the following four years (at t = 2, 3, 4, and 5). In the sixth year (at t = 6), it is expected that the movie can be sold into syndication for $25 million with no further cash flows back to Garneau Cinemas. The cost of capital is10 %, 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 $ ?.