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You are considering making a movie. The movie is expected to cost $10.8 million up front and take a year to produce. Aftor that, it

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You are considering making a movie. The movie is expected to cost $10.8 million up front and take a year to produce. Aftor that, it is expected to make $4.9milion in the year it is released and $1.6 mision for the following four years. What is the payback period of this investment? If you require a payback period of two yoars, will you mako the movie? Does the move have positive NPV if the cost of capital is 10.8% ? What is the payback period of this invostment? The poybock period is years. (Round to one decimal place.)

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