George Clooney has been offered $14 million (to be paid 1 year from now) for starring in Batman 4, Batman 5, and Batman 6. If Clooney accepts this offer, he will have to forego acting in Ocean’s 14, Ocean’s 15, and Ocean’s 16 that would have paid him $5 million each (in 2, 3, and 4 years from now). Clooney assumes his personal cost of capital is 10%. Based on this information, the NPV today of Clooney's decision to accept Batman films is:
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