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Assume you have just retired as the CEO of a successful company.A major publisher has offered you a book deal. The publisher will pay you

Assume you have just retired as the CEO of a successful company.A major publisher has offered you a book deal. The publisher will pay you $1 million up front if you agree to write a book about your experiences. You estimate that it will take three years to write the book. The time you spend writing will cause you to give up speaking engagements amounting to $500,000 per year.

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