A small commercial property is for sale near your university. The cashflows are growth perpetuities. What is the Coffee Shop's NPV? Select one:

A. $1,200,000

B. $960,000

C. $357,143

D. $256,251

E. $154,969

\begin{tabular}{|l|c|c|c|c|} \hline Project & InitialInvestment & First-YearCashFlow & Growth Rate & CostofCapital \\ \hline Rare Coins shop & $500,000 & $60,000 & 4.00% & 11% \\ \hline Coffee shop & $300,000 & $90,000 & 2.00% & 8% \\ \hline Clothing store & $200,000 & $140,000 & 0.00% & 8% \\ \hline Restaurant & $600,000 & $200,000 & 8.00% & 15% \end{tabular}