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Use the following information to answer the question(s) below.
Sarah Palin reportedly was paid a $11 million advance to write her book Going Rogue.The book took one year to write.In the time she spent writing,Palin could have been paid to give speeches and appear on TV news as a political commentator.Given her popularity,assume that she could have earned $8 million over the year (paid at the end of the year) she spent writing the book.
-Assuming that Palin's cost of capital is 10%,then the NPV of her book deal is closest to:
Dissertation
A long piece of academic writing based on original research, usually submitted as part of a doctoral degree.
Data Collection
The process of gathering and measuring information from a variety of sources to get a complete and accurate picture of an area of interest.
Animal Physiology
The study of the physical and chemical processes that occur within animals, affecting their functionality and behavior.
Different Species
Distinct groups of living organisms that have different sets of genetic traits and are typically unable to interbreed successfully with one another.
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