Bal Cinton reportedy was paid $90 million to write his book My LiNo. The book tock throe yoars to write. In the time he spent writing. Clinton could have been paid to make speeches. Given his popularity, assume that he could earn $8.3 million per year (paid at the end of the year) speaking instead of writing. Assume his cost of capital is 9.4% per year. a. What is the NPV of agreeing to write the book (gnoring any royalty payments)? b. Assume that, once the book is foished, n is expected to generate royalties of $5.3 milice in the first year (paid at the end of the year) and these royalties are expected to decrease at a rate of 35% per year in perpetuity. What is the NPV of the bock with the royalty payments? a. What is the NPV of agreeing to write the bock (ignoring any royality payenents)? The NPV of agreeing to write the book (ignoxing any royalty payments) is $ (Round to the nearest dollar)