Use the Following Information to Answer the Question(s)below

question 69

Multiple Choice

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:

• A)$2.00 million
• B)$2.20 million
• C)$3.00 million
• D)$3.75 million

---

Definitions:

Cyclic Schizophrenia

Cyclic schizophrenia, a rephrasing of the term, signifies a subtype of schizophrenia where symptoms intensify and lessen in a cyclical or periodic manner, often confusing with bipolar disorder due to its fluctuating nature.

Type of Schizophrenia

Refers to the different forms that schizophrenia can take, such as paranoid, hebephrenic, and catatonic, each with its own set of symptoms.

Methodical

Characterized by systematic procedures or a well-organized approach to achieve a task or objective.

Inhalant Abuse

The intentional inhaling of chemical vapors or gases to achieve a psychoactive, or mind-altering, effect.