Question 9 (1 point) 1. You are managing a camping grounds in Muskoka, with 200 bunkers available for rent. Over a given month, you currently average 70% occupancy per day (i.e., on average, 70% of the rooms are rented), and people pay $110 per night. Your main variable cost is room cleaning - it costs, on average, $12 per room cleaning, but you only need to clean rooms that are rented. You believe that by renovating the camping grounds, you could increase the average occupancy rate to 80% and charge more for each bunker: $150 per night. However, you would drop to 180 rooms and the planned renovations would require additional cleaning services, raising the cost to $18 per bunker. The total cost would of the renovations is estimated at $1,280,000. What would the ROMI be on this investment, assuming a one-year implementat -51% The correct answer is not listed 15% -73% 51%