a real estate company must decide whether to develop or sell a parcel of land. they can sell the land for $2.85 million. if they decide to develop it, they could earn $5.3 million . if the future economy is strong or lose $1.2 million if the future economy is weak. There is a 60% likelihood of a strong economy . Using the decision tree find the expected monetary value of state of nature node A. EVM(A) =?

A- $2.70

B- $3.66

C- $2.05

D- $2.85