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: Project M Project N a. Calculate NPV for each project. Do not round intermedlate 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. \begin{tabular}{ll} Project M: & % \\ Project N: & % \end{tabular} 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. \begin{tabular}{l|l} Project M: & years \\ Project N: & years \end{tabular} Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places: Project M: vears Project N: years b. Assuming the projects are independent, which one(s) would you recommend