CAPITAL 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 5 Project M Project N -$27,000 $9,000 $9,000 $9,000 $9,000 $9,000 -$81,000 $25,200 $25,200 $25,200 $25,200 $25,200 a. Calculate NPV for each project. Round your answers to the nearest cent. Do not round your intermediate calculation. Project MS Project N Calculate IRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations Project M X 3 * Project N 96 Calculate MIRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations Project M 190 Project N $ $ Calculate payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations Project M years $ $ Project N years Calculate discounted payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations Project Project year