The last six questions of the exam will all refer to the following exercise. You will have the text of the exercise available every time a question refers to this exercise. Your company is planning to launch a new product. The demand for this product will depend on the company's strategy (which must be decided TODAY whether it will be "aggressive" or "neutral") and on the state of the economy next year (which will be good with 80% probability and bad with 20% probability). The NPVs of the different potential outcomes are: State of the economy Good Bad Strategy Aggressive Neutral 50 20 40 30 If you had the option to abandon the project and sell the assets for an NPV of 30 how much value would that option have? Theuheun Nonce the option would never be exercised