eBook 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 + -$24,000 $8,000 -$72,000 $22,400 % $8,000 $8,000 $8,000 $8,000 Project M Project N $22,400 $22,400 $22,400 $22,400 a. Calculate NPV for each project. Do not round 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: 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 intermodin % % 3 + % 4 5 |