Che e Problem 11-7 Capital budgeting criteria Afirm with a 14% WACC is evaluating two pro cts for this year's capital budget. After-tax cash flows, including depreciation, are as follows: Project M $21,000 $7,000 $7,000 $7,000 $7000 $7.000 Project N $63,000 $19,600 $19,600 $19,600 $19.600 $19,600 a Calculate NPV for each project. Round your answers to the nearest cent Do not round your intermiediate 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 Project N Calculate discounted payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M Project N years years years years