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 follows: 0 1

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 3 4 5
Project M -$9,000 $3,000 $3,000 $3,000 $3,000 $3,000
Project N -$27,000 $8,400 $8,400 $8,400 $8,400 $8,400
  1. 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 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 places.

    Project M: years

    Project N: years

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