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A firm with a 1 4 % WACC is evaluating two projects for this year's capital budget. After - tax cash flows, including depreciation, are

A firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:
\table[[Project M,-$18,000,$6,000,$6,000,$6,000,$6,000,$6,000
Project N - $54,000 $16,800 $16,800 $16,800 $16,800
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