B Clinton reportedly was paid $150 million to write his book My Life. The book took three years to write in the time he spent writing. Clinton could have been paid to make speeches in his popularity, assume that he could earn $82 million per year (paid at the end of the year) speaking instead of writing Assume his cost of capital in 9.3% per year a. What is the NPV of agreeing to write the book (ignoring any royalty payments? b. Assume that once the book is finishedIt is expected to generate royalties of $4.6 million in the first year (paid at the end of the year and these royalties are expected to decrease state of 20 per year in perpetuity. What is the NPV of the book with the royalty payments? 1. What is the NPV of agreeing to write the book ignoring any royalty payments)? The NPV of agreeing to write the book ognoring any royalty payments) is (Round to the nearest dollar) D. Assume that once the book is finished, it is expected to generate royalties of $4.6 million in the first year (paid at the end of the year) and these royalties are expected to decrane at a rate of 20 per year in perpetuity. What is the NPV of the book with the royalty payments? The NPV of the book with the royalty payments is 5 (Round to the nearest dolar)