ASS eBook 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: 0 5 Project M $6,000 $2,000 $2,000 $2,000 $2,000 $2,000 Project N -$18,000 $5,600 $5,600 $5,600 $5,600 $5,600 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 Project Calle Dyback for each project. Do not round Intermediate calculations. Round your answers to two decimal places Project years Project years Calculate discounted payback for each project. Do not round Intermediate calculations. Round your answers to two decimal places. PM: years years Asuming the projects are independent, which one(s) would you recommend? c. the projects are mutually exclusive, which would you recommend? d. Matthat the projects have the same cash flow timing patter. Why is there a conflict between NV and IRRY