A firm with a 14% WACC is evaluating two projects for this vear's ranitsl budget. After-tax cash flows, including depreciation, are as follows: 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: ProjectM:Projectyearsyears Calculate discounted payback for each profect. Do not round intermediate calculations. Round your answers to two decimal places. Project M: years Project N: "years b. Assuming the projects are independent, which one(s) would vou recnmmend? c. If the projects are mutually exclusive, which would you recommend? -select- d. Natice that the projects have the same cash flow timing pattern. Why is there a conflict between NPy and IRR