Ch 11-CB 1 (Homework - from EOC Problems) 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: 3 Project M -$15,000 $5,000 $5,000 $5,000 $5,000 $5,000 Project N -$45,000 $14,000 $14,000 $14,000 $14,000 $14,000 a. Calculate NPV for each project. Do not found 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: I % Project N: Calculate MIRR for each project. Do not round intermediate calculations. Round your answers to two decimal places, Project M: Project N Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. % % Project M: years Project N years Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M years Project N: years