[单选题]

An initial investment of $1 million in a venture capital project is expected to pay $10 million at the end of 5 years if it is successful. The probabilities of failure for the project are provided in the table below:

If the cost of capital for the project is 18%, the project's expected NPV is closest to:

A.-$731,200.

B.$174,950.

C.$906,150.

参考答案与解析: