Step 1: Check dimensions:
Mutual inductance has the dimension of $\mu_0\times\text{length}$. In the correct option, $\frac{r_2^2}{r_1}$ has dimension of length.
Step 2: Match:
Option (A) has $\frac{r_2}{r_1}$, which is dimensionless, and (B) and (C) have $r_2$ in the denominator, which makes M large for a tiny coil. Only (D), $\frac{\mu_0\pi r_2^2}{2r_1}$, fits the derivation above.
Final Answer:
$\frac{\mu_0\pi r_2^2}{2r_1}$.
\[ \boxed{M = \frac{\mu_0 \pi r_2^2}{2r_1}} \]