Consider an investment opportunity with an option to grow that requires a $2.1 million investment today. In one year, you will find out whether the project is successful. The probability of being successful in year 1 is 22% and in this case the project generates $0.95 million in revenue per year in perpetuity; otherwise, the project will generate nothing. You have the option to grow --- at the end of year 2, you can double the size of the project on the original terms. The appropriate cost of capital is 10%. Calculate the following two: 1. The NPV of the investment opportunity WITHOUT the option to grow. II. The value of the option to grow. The value of the following two is closest to: O a. I. -$1.0 million; II. $1.3 million. O b. I. -$2.0 million; II. $1.0 million. O c. I. -$1.0 million; II. $1.0 million. O d. 1. -$2.0 million; II. $1.3 million. O e. I. $0.0 million; II. $1.0 million. O f. 1. $0.0 million; II. $1.3 million