d) None .) Increase when the mark 14. Nick has just finished plotting the relationship between the NPV of two independent projects (Mini Hospital and Super Hospital) for different discount rates He finds that the IRR of Mini Hospital is 8.5% while that of Super Hospital is 6.2% The crossover rate for the two projects 5% Knowing that the two projects are independent Nick should Select ono: a) Choose the Super Hospital protect as its IRR is greater than the Mini Hospital project b) Choose the mini Hospital project as its IRR is less than the Super Hospital project c) le the opportunity cost of capital it greater than 5%, choose the mini Hospital project if the discount rate a less than 5% choose the Super Hospital Project d) Cannot make a recommendation because IRR should not be used for ranking projects. Nicola should calculate the NPV to make his decision He should pick the project with the higher NPV. e) If the opportunity cost of capital is less than 6.2% thon accept both projects if the opportunity coal of capital is greater than 6.2% but less than 8.5% then accept only the mini hospital project