A property that produces NOI of $200,000 in year 1, $225,000 in year 2, $250,000 in year 3, $275,000 in year 4 and $300,000 in year 5 is expected to be sold in year 5 for $2,000,000. If an investor used a discount rate of 10% to value the property, what percent of the NPV is represented by the residual sale price?

A. 61.54

B. 42.81

C. 37.90

D.57.19