Planet Gym. Planet Gym is considering expanding to a new location. After conducting a survey, Planet Gym estimates constant cash flows of $100,000 over the next 5 years in the South End location, and, in the North End location, $95,000 cash flow in the first year, and cash flows growing at 3% over the following 4 years. Assuming that the initial cost of equipment requires $350,000 today, regardless of location, and using a discount rate of 5%, what will Plant Gym do if it is trying to maximize the value of its business? In the list below, net present values (NPVs) have been rounded to the nearest $1,000 and internal rates of return (IRRs) have been rounded to the nearest 0.1%.. a. Not expand to a new location, as both projects have negative NPVs. b. Planet Gym is indifferent between the two locations. c. Open in South End because it has an NPV of $84,000; North End has an NPV of $83,000 d. Open in North End because it has an NPV of $84,000; South End has an NPV of $83,000 e. Open in South End because it has an NPV of $85,000; North End has an NPV of $83,000 f. Open in North End because it has an NPV of $85,000; South End has an NPV of $83,000 g. Open in South End because it has an IRR of 13.2%; North End has an IRR of 13.3%. h. Open in North End because it has an IRR of 13.2%; South End has an IRR of 13.3%. i. Open in South End because it has an IRR of 13.3%; North End has an IRR of 13.2%. j. Open in North End because it has an IRR of 13.3%; South End has an IRR of 13.2%