A building with a purchase price of $15,000,000 is expected to generate an NOI of $1,250,000 for each of the next five years and can be resold at the end of the fifth year for $17,000,000. The purchase will be financed by a $10,000,000 interest only loan with yearly payments of $500,000. If the investor has a WACC of 8% and a required equity return of 15%, what is the levered NPV? Select one: O a. $5,750,000 O b. $540,409 c. $994,353 O d. $2,758,615 O e. $2,405,720