r Bill Clinton reportedly was paid $150 million to write his book My Lde The book took three years to wite In the time he $8 8 milion per year a. What is the NPV of agreeing to wnite the book (ignoring any royalty payments)? b. Assume hat once the book is Sni hed R is expected to generate royalties of 4 m on in the first year paid at the end of the year) and these royates are e peded to deoene at rate or sos per year up petar was se NPV of the book with the royalty payments? spent writing. Clinton could have beon paid to make speeches Given his pepularity, assume that he could ear paid at ee end ofthe year) Speaking istead of w ing Assume his cost of capti 10 1% per year. a. What is the NP'W of agreeing to write the book (ignoring any royalty payments)? The NIPV of sgeing o wie the book Oignoring any reyabty sayment)Roud to the newrost dolar) t Assume that once he book is Sn hed, iisexpected to generale reyan es of S48mnon n the fest ye" NPV of the book with the royalty payments? paid atthe end one yo", and hese 'oyaties a .expected to decrease a' . rate of 30% pe' year i perpet ay what The NPV of thebook with the royaity payments is (Round to the nearest dollar)