please answer

b. Assuming the projects are independent, which one(s) would you recommend? - Select- c. If the projects are mutually exclusive, which would you recommend? -Select- d. Select: If the projects are mutually exclusive, the project with the highest positive NPV is chosen, Accept Project N. If the projects are mutually exclusive, the project with the highest positive IRR is chosen. Accept Project M. If the projects are mutually exclusive, the project with the highest positive MIRR is chosen. Accept Project M. If the projects are mutually exclusive; the profect with the shortest Payback Perfod is chosen, Accept Project M. If the projects are mutually exclusive, the project with the highest positive IRR. is chosen. Accept Project N. b. Assuming the projects are independent, which one(s) would you recommend? -Select- c. If the projects are mutually exclusive, which would you recommend? - Select- d. Notice that the projects have the same cash flow timing pattern, Why is there a conflict between NPV and IRR? -Select- -Select The confict between NPV and IRR is due to the fact that the cash flows are in the form of an annuity, The conflict between NPV and IRR is due to the difference in the timing of the cash flows. There is no conflict between NPV and IRR. The conflict between NPV and IRR occurs due to the difference in the size of the projects. The conflict between NPV and IRR is due to the relatively high discount rate. 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: a. Calculate NPV for each project. Do not round intermediate calculations, Round your answers to the nea cent. Project M: \$ Project N: \$ Calculate IRR for each project, Do not round intermediate calculations. Round your answers to two decin 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: 96 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 answe: to two decimal places. Project M: years Project N: years b. Assuming the projects ate independent, which one(s) would you recommend? here a contlict berween NPV and