firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows: Project Project 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 answerst 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 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. \begin{tabular}{l|l} Project M: & % \\ Project N: & % \end{tabular} Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. ProjectM:ProjectN:yearsyears Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: years Project N: years b. Assuming the projects are independent, which one(s) would you recommend? c. If the projects are mutually exclusive, which would you recommend? -solect. d. Notice that the projects have the same cash flow timing pattern. Why is there a confict between NPV and IRR