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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: ProjectMProjectN$18,000$54,000$6,000$16,800$6,000$16,800$6,000$16,800$6,000$16,800$6,000$16,800 a.

image text in transcribed 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: ProjectMProjectN$18,000$54,000$6,000$16,800$6,000$16,800$6,000$16,800$6,000$16,800$6,000$16,800 a. Calculate NPV for each project. Do not round intermediate calculations. Round your answers to the nearest cent. Project M: \$ Project N: \$ Calculate IRR for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: % Project N: % Calculate MIRR for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: % Project N : % Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: years Project N : years Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: years Project N : years

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