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: 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 decin Project M: years Project N : years b. Assuming the projects are independent, which one(s) would you recommend? c. If the projects are mutually exclusive, which would you recommend? select- d. Notice that the projects have the same cash flow timing pattern. Why is there a conflict between NPV and IRR