A rirm with a 13\% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as f ProjectMProjectN$30,000$90,000$10,000$28,000$10,000$28,000$10,000$28,000$10,000$28,000$10,000$28,000 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. \begin{tabular}{l|l} Project M: & % \\ Project N: & % \\ \hline \end{tabular} Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M : years Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places Project M: 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