The board has been told by the consultiog fin that aince the IRR is approximately 90 . the eqpansion should be underiaken at long ss the university's coit of eapital is less than 9%. What woald be your recommendation be the toard? (I0 points) 9. You are the advisor to the bound of trustos of a bospitul. The board is considering adding a ward to the hospital. It is extimated that the poyback period is about four years. The paytuck period that the hospital ases for selecting frojetts is than it mast be less than five years. Based on this criterion for selecting investrent projects, the board views the proposal for the new ward to be attractive. What is your reccemmendation to the beard? 10. Resort Properties Inc is evaluating the potential aceuaitibon of x resorts. Management plans to buy the properties today and sell them five years from todny. All properties are viewed as having the same risk. All properties are evaluasod besed on a 134 cost of eapital. The following table summarias the initial coat and the eqpected sale peice for exch groperty. (8 points) a Complete the following table