3 4 pts 3. You work for an oil and gas company that is considering buying a rig for $5 million. You estimate that you have a 40% chance of discovering oil worth $10 million in one year. If you don't discover oil, you can resell the rig for $3 million in one year. Assuming a 10% discount rate, calculate the value of the option to abandon. $1.64 million $1.91 million $0.27 million $0.64 million