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:

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Project M	-$21,000	$7,000	$7,000	$7,000	$7,000	$7,000
Project N	-$63,000	$19,600	$19,600	$19,600	$19,600	$19,600

Calculate NPV for each project. Round your answers to the nearest cent. Do not round your intermediate calculations. Project M $ Project N $

Calculate IRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M % Project N %

Calculate MIRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M % 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 M years Project N years