Study.Org is considering a plan to develop an online finance tutoring package that has the cost and revenue projections shown below. One of Study.Org's larger competitors, Online Professor (OP), is expected to do one of two things in Year 5: (1) develop its own competing program, which will put Study.Org's program out of business, or (2) offer to buy Study.Org's program if it decides that this would be less expensive than developing its own program. Study.Org thinks there is a 35% probability that its program will be purchased for $6524 million and a 65% probability that it won't be bought, and thus the program will simply be closed down with no salvage value. What is the estimated net present value of the project (in thousands) at a WACC = 11%, giving consideration to the potential future purchase? If Study.Org would like their projects' NPV to be at least valued at $150, would you accept this project? WACC = 11% Initial Cash Outlay = -2374 Expected Cash flows = 409 Years of operations = 5