You are considering making a movie. The movie is expected to cost

$ 10.5$10.5

million up front and take a year to produce. After that, it is expected to make

$ 4.6$4.6

million in the year it is released and

$ 2.1$2.1

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

10.1 %10.1%?

What is the payback period of this investment?

The payback period is

nothing

years.(Round to one decimal place.)