Mr.Drump reportedly was paid a $11 million advance to write his book My Company First. The book took one year to write. In the time he spent writing, he could have been paid to give speeches and appear on TV news as a political commentator. Given his popularity, assume that he could have earned $8 million over the year (paid at the end of the year) he spent writing the book. Assume that he was expected to receive royalties of $5 million in the first year (paid at the end of the year) and these royalties are expected to decrease by 40% per year in perpetuity. Assuming that Drump's cost of capital is 10%. Given these royalties payments, what is the NPV of Drump's book deal?