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Up above is the question I need answered. Below, I have provided a solution to a similar but different question so you can see exactly
Up above is the question I need answered.
Below, I have provided a solution to a similar but different question so you can see exactly what I need answered and how I needed answered. Please make it accurate because I've posted in the past and received a wrong response.
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 $4.8 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 10.8%? What is the payback period of this investment? The payback period is years. (Round to one decimal place.) Enter your answer in the answer box and then click Check Answer Clear AlII Check Answer remainingStep by Step Solution
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