A U.S. firm holds an asset in Great Britain and faces the following scenarios:

State	Probability	Asset value	FX
1	0.30	2,000	$2.20/
2	0.40	3,000	$2.00/
3	0.30	4,000	$1.80/

The expected value of the investment in U.S. dollars is

Select one:

a.

$6,680

b.

$3,500

c.

$5,880

d.

$4,560