6. You've been hired as an analyst by Abigail's Trees to do a feasibility study of starting a Chestnut tree farm. Marketing research suggests Abigail's Trees can sell 25,600 units per year at $62.50 net cash flow per unit for the next 5 years. The appropriate discount rate is 10% and the required initial investment is $5 million a. What is the base-case NPV? (6 pts.) b. Assume there is a 50% probability that the project will be very successful and produce net cash flows of $4.2 million per year and a 50% probability it will produce net cash flows of $-1 million per year. If the project generates $-1 million in cash flows, it will be abandoned after year 1. What is the revised NPV? Hint: use a decision tree. (6 pts.) c. What is the value of the option to abandon? (6 pts.)