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A firm with a 14% WACC is evaluating two projects for this years capital budget. After-tax cash flows are as follows: Project M: Year 0
A firm with a 14% WACC is evaluating two projects for this years capital budget. After-tax cash flows are as follows:
Project M:
Year 0 FCF: -30million
Year 1 FCF: 12million
Year 2 FCF: 12 million
Year 3 FCF: 16million
Year 4 FCF: 16 million
Project N:
Year 0 FCF: -27million
Year 1 FCF: 11million
Year 2 FCF: 10million
Year 3 FCF: 15million
Year 4 FCF: 15.5million
Please calculate NPV, IRR, MIRR & crossover rate for each project, do not use excel.
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