Acme Co, is considering a four-year project that will require an initial investment of $9,000, The base-case cash flows for this project are projected to be $12,000 per year. The best-case cash flows are projected to be: $20,000 per year, and the worst-case cash flows are projected to be - $1,000 per year. The company's analysts have estimated that there is a 50% probability that the project will generate the base-case cash flows. The analysts also think that there is a 25% probabulity of the project generating the best-case cash flows and a 25% probability of the project generating the worst-case cash fows. What would be the expected net present value (NPV) of this project if the project's cost of capital is 12% ? $26,017$23,652$21,287$22,469 Acme now wants to take into account its ability to abanden the project at the end of year 2 if the project ends up generating the worst-case scenario cash fiows. If it decides to abandon the project at the end of year 2 , the company wil recelve a one-time net cash inflow of 54 , 000 (at the end of year 2). The $4,000 the company receives at the end of year 2 is the difference between the cash the company receives from seling off the project's assets and the company's 51,000 cash outfow from operations. Additionaliy, if it abandons the project, the company will have no cash fows in years 3 and 4 of the project. Using the information in the preceding problem, find the expected NPV of this project when taking the abandonment option into account. $29,982$27,84$26,234$24,285 be $12,000 per year. The best-case cash flows are projected to be $20,000 per year, and the worst-case cash flows are projected to be - $1,000 per year. The company's analysts have estimated that there is a 50% probability that the project will generate the base.case cash flows. The analysts also think that there is a 25% probability of the project penerating the best-case cash fows and a 25% probability of the project gerierating the worst-case cash flows. What would be the expected net present value (NPV) of this preject if the project's cost of capital is 1246 ? $26,017$23,652$21,287522,469 Acme now wants to take into account its abiaty to abandon the project at the end of year 2 if the project ends up generating the worst-case scenario cash fiows. If it decides to abondon the project at the end of year 2 , the company will receive a one-time net cash inflew of 34,000 (at the end of year 2). The s4,000 the company receives at the end of year 2 is the difference between the cash the company receives from seling off the project's assets and the company's 51,000 cash outhow from operations. Additionally, if is abandons the project, the company will have no cash fiews in years 3 and 4 of the project. Using the information in the preceding problem, find the expected NoW of this project when taking the abandenment option into account. $29,982$27,484$26,234$24,985 What is the value of the option to abendon the project