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apital budgeting criteria A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as
apital budgeting criteria
A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:
| 0 | 1 | 2 | 3 | 4 | 5 |
| Project M | -$24,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 |
| Project N | -$72,000 | $22,400 | $22,400 | $22,400 | $22,400 | $22,400 |
Find IRR, MIRR, payback in years, discounted payback in years for both projects
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