Bill Clinton reportedly was paid $10 million to write his book My Life. Suppose writing, Clinton could have been paid to make speeches. Given his popularity, as the end of the year) speaking instead of writing. Assume his cost of capital is 10'} a. What is the NPVr of agreeing to write the book (ignoring any royalty payrn I) ' Assume that, once the book is finished, it is expected to generate royalties year) and these royalties are expected to decrease at a rate of 30% per year royalty payments? Advance payment for book Foregone speaking fees Cost of capital Number of years a. What is the NPR:r of agreeing to write the book (ignoring any royalty payrn PV of speaking fees NPV of book deal