Your company has tasked you with evaluating two options for purchasing equipment to improve efficiency, with only enough money to fund one. Option A requires a $5m initial investment and results in a profit increase of $2m per year. At the end of 5 years the equipment can be sold for $2m. Option B requires a $7m initial investment and results in a profit increase of $2.5m per year. At the end of 6 years the equipment can be sold for $4m. Calculating NPV and IRR and considering a WACC of 6%, what is the better option? Are NPV and IRR appropriate for this evaluation and why or why not? When calculating NPV, please show your work. You can write the solutions by hand and upload the image in jpg or pdf format, or you can use the equation editor in Word before converting to pdf. For the IRR calculation you can use Excel or an online calculator and just provide the answer for comparison. Your company has tasked you with evaluating two options for purchasing equipment to improve efficiency, with only enough money to fund one. Option A requires a $5m initial investment and results in a profit increase