A mature unlevered firm can be valued as a perpetuity of operating free cash flows (OFCF's), the last of which was $1 million paid just yesterday in the form of dividends, buybacks and debt repayments. The perpetual growth rate is expected to be 2% pa, so next year's OFCF is expected to be $1.02 million. The firm's WACC after tax was 12% pa and market value of assets was $10.2 million. By surprise, the firm's CEO announces a new project that will immediately cost an extra $2 million in CapEx and NWCr but will permanently increase the firm's perpetual growth rate by 1 percentage point to 3% pa, starting immediately. What is the NPV of this project? Select one: a. $0.7556 million (note the negative sign) b. $8.2 million c. $9.4444 million d. $12.2 million e. $13.4444 million