llilonsider the following Example: Example 2.4 [When to all: I troll Suppose that you have the opportunity to plant trees that later can be sold for lumber. This project requires an initial outlay of money in order to purchase and pltltt the seedlings. No other cash ow occurs until the trees are harvested. However, you have a choice as to when to hxvest: after I year oraer 2 years. If you harvest after 1 year, you get your return quickly; but if you wait an additional year, the trees will have additional growth and the revenue generated from the sale of the trees will be greater. We assume that the cash ow streams associated with these two alternativ are {a} {1.2} out early {b} (1.0,3} cut ltIEI'. We also assume that the prevailing interest rate is 10%.1'I1ee the associated net present valua are (a) NW: l +2fl.l =32 {b} NPv= 1 + 33:1.1}1=1.4s. Hence according to the net present value criterion, it is best to out later. Now suppose you learn that a third option is possible: you may delay cutting the trees for another 2 years, thus harvesting after 4 years. You are told that, from a present value perspective, it is not worthwhile to do so. If this is true, the revenue obtained when cutting trees after 4 years must be less than it. What is it? Please round your numerical answer to 1 decimal place