A portfolio manager is analyzing a $2000000 venture capital investment. If the project succeeds until the end of the sixth year, the net present value (NPV) of the project is $ 6587000. The project has a 32. 69 percent probability of surviving to the end of the sixth year. The expected NPV of the project is:()
A. $ 6587000.
B. $ 4587000.
C. $ 807090.