Bill Clinton reportedly was paid $15.0 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 speechesGiven his popularity assume that he could earn $83 million per year (paid at the end of the year) speaking instead of writing. Assume his cost of capital is 925 per year 1. What is the NPV of agreeing to write the book ignoring any royalty payments)? b. Assume that once the book is tished, it is expected to generate royales of $53 milion in the trust your paid at the end of the year) and the royarties are expected to decrease ata te of Box por year in perpetuity. What is the NPV of the book with the royalty payments? a. What is the NPV of agreeing to write the book (ignoring any royalty payments)? The NPV of agreeing to write the book (ignoring any royally payment) Round to the nearest dolar)