Bill Clinton reportedly was paid $10 .2 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. Given his populanity, assume that hecould earn $8 4 milio ayoar paid at the end of the year speaking nstead of writing Ass me his cost of captas9.8% per year Assume also that o eth book is finished itsexpected to generate royalties of $467 milion in the first yea (paid at the end of the year and these royalties are expected to decrease at 30% per year n perpetuity TheNPVofthe book with the royalty payments is-$1,899,000 How many RRs are there in this problem? Does the IRR rule work in this case? Use the graph below to determine how many IRRs there are in this problem Click to select your answer and then click Check Answer Clear A 5 6 8