expand and the NPV of the project with the option to expand would be closest to: B. The NPV of the project without the option to expand is $3.48 million and the NPV of the project with the option to $4.85 million C. The NPV of the project without the option to expand is $3.48 million and the NPV of the project with the option the D. The NPV of the project without the option to expand is $2.57 million and the NPV of the project with the option $6.53 million