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2 points George Clooney has been offered 514 million (to be paid in I year from now) for starring in Batman 4, Batran 5 and

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2 points George Clooney has been offered 514 million (to be paid in I year from now) for starring in Batman 4, Batran 5 and Batman 6. If Clooney accepts this offer, he will have to forego acting in Ocean's 14, Ocean's 15, and Occan's 16 that would have paid him $5 million cach (in 2, 3, and 4 years from now) Clooney assumes his personal cost of capital is 10%. Based on this information, the NPV today of Clooney's decision to accept Batman films is: $14.00 million S142 million $12.72 million $1.56 million

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