A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:

1. Calculate NPV for each project. Do not round intermediate calculations. Round your answers to the nearest cent.

Project M: $

Project N: $

2. Calculate IRR for each project. Do not round intermediate calculations. Round your answers to two decimal places.

Project M: %

Project N: %

3. Calculate MIRR for each project. Do not round intermediate calculations. Round your answers to two decimal places.

Project M: %

Project N: %

4. Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places.

Project M: years

Project N: years

5. Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places.

Project M: years

Project N: years

Project M $15,000$5,000$5,000$5,000$5,000$5,000 Project N $45,000$14,000$14,000$14,000$14,000$14,000