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CAPITAL BUDGETING CRITERIA A firm with a 14% WACC is evaluating two projects for this years capital budget. I need help with learning how to

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CAPITAL BUDGETING CRITERIA A firm with a 14% WACC is evaluating two projects for this years capital budget.

I need help with learning how to calculate discounted payback in details. You do not need to do it for both projects just one in a way I can understand how to do it.

2 3 4 Project M -$30,000 $10,000 $10,000 $10,000 $10,000 $10,000 Project N $90,000 $28,000 $28,000 $28,000 $28,000 $28,000

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