Brandt Enterprises is considering a new project that has a cost of $1,000,000, and the CFO set up the following simple decision tree to show its three most likely scenarios. The firm could arrange with its work force and suppliers to cease operations at the end of Year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. How much is the option to abandon worth to the firm? [Hint calculate the E[NPV] with the abandonment option implemented. An abandonment option is implemented if operations can be abandoned to reduce further losses.] Click Save and Submit to save and submit. Click Save All Answers to save all ansuers