Purple Turtle Group Co. is planning to add a new product line to make iToys. However, Purple Turtle Group is considering the possibility of abandoning the project if the demand for the new product is low. In the following decision tree table, (1), (2) and (3) represent decision points, also known as decision nodes or stages. The dollar value to the right of each decision node represents the net cash flow at that point, and the cash flows shown under t = 3, 4, and 5 re present the cash inflows if the project is pushed on to completion. If Purple Turtle Group Co. decides to launch the new line for iToys at Stage (1), then it will spend $60,000 on the marketing study. If the marketing study yields positive results, then the firm will spend the prototype. $200,000 on the proto type. If the prototype works well, then the firm will spend several millions more at Stage (3) to build a production plant. Suppose that as a analyst at Purple Turtle Group you have to analyze sequential decisions. By studying the following decision tree, you learn which of the following? Check all that apply. There is a 5% probability that the marketing study w produce positive results. There is a 5% probability that the marketing study will produce negative results. If the project is canceled after Stage (1), the cost to Purple Turtle Group Co. will be the $60,000. There is a 55% probability that the marketing study will produce positive results. Complete the decision tree table by calculating the net present values (NPVs) and joint probabilities, as well as products of join probabilities and NPVs for each decision branch. Assume that the weighted average cost of capital (WACC) is 9% for all decision branches