Jenny is a famous writer and she is invited to write a book this year. It will take her one year (full-time) to finish the writing. If she agrees to write the book, the expected compensation includes 13 million advance payment this year and royalties of 8 million per year in perpetuity from the next year. If she does not write the book, the expected income from alternative activities of the next year is 8 million. Assuming that Jenny's cost of capital is 20% and given these royalties payments, the NPV of her book deal is closest to?