Bili Cinton reportedy was paid $15.0 milion to wite his book. My Life. The book took thee years to weile. In the time he spent weiting. Clinton could have boten paid to make speoches Given tis popularity, assume that he could eam 98.6 milion per year (paid at the end of the yoar) speaking instiond of uriting. Assume fis cost of eaptal it 10.4% per year a. What is the NPV of agieesing to wite the beok (ionoring any royalty payments)? at a nate of 30% per yeas in perpetuity. What is the NPV of the book with the reyahy payments