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Problem \#2 - NPV \& Profitability Index Midtown Shopping Center is trying to decide between the following two investments: Required: Calculate the NPV and profitability index for each equipment. Based on your calculations, which equipment should they purchase? Problem \#3 - Internal Rate of Return Leaf Inc. is considering the following investment: - Cost $49,900 - 5 years - The new equipment will reduce operating expenses by $8,000 per year. - The new equipment will produce an additional 1,500 units per year. Each unit has a contribution margin of $3 - Their cost of capital is 10% Required: Calculate the Internal Rate of Return