Malik Properties has three separate investment choices with a 16% corporate hu

Malik Properties has three separate investment choices with a 16% corporate hurdle rate and $60000 to apply to capital investments. Choice 1 is to buy a lease
on warehouse space for $30000 that could be sublet to an already identified tenant generating net cash flows of $7925 per year for 5 years paid at the start
of each year. Choice 2 is to buy a lease on one or two fast food restaurants from an estate that is projected to settle in nine years. Each restaurant lease
costs $20000 and will generate net cash flows of $6700 per year with all lease payments being made in arrears. Choice 3 is to buy units within a flexible
space office building. There are currently 4 identical units available which can be acquired in any whole unit quantity for $10000 per unit. Each unit is
projected to generate net cash flows of $5166.15 per year for seven years. How should Malik Properties proceed and why?