A potential new project would cost $1000 today. The project would last 2 years. There are 2 possible scenarios for net cash flows in years 1 and 2: 1) $842 per year, with 50% probability; or 2) $0 per year, with 50% probability. The cost of capital is 10%. If the firm waits 1 year to make a decision about the project, the uncertainty about the worst-case outcome will be resolved. In other words, by waiting one year to make the decision, the firm will know whether the best case or worst case outcome would occur for the next two years -- and therefore will choose not to proceed with the project if the worst case outcome is anticipated. The expected NPV of the project, considering the option to delay the decision and then to completely abandon the project if the worst case is foreseen, is $ Margin of error for correct responses: +/- $.10. Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is $12.34567, you should enter 12.35). If your answer is negative, be sure to enter a negative sign preceding the number