Question: A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as foliows: Project Projec

 A firm with a 13% WACC is evaluating two projects for

A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as foliows: Project Projec 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 : to 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 piaces. Project M: years Project.N: years: b. Assuming the projects are independent, which one(s) would you recommend

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