Question: 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: 0 1

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:

0 1 2 3 4 5
Project M -$18,000 $6,000 $6,000 $6,000 $6,000 $6,000
Project N -$54,000 $16,800 $16,800 $16,800 $16,800 $16,800

a.)Calculate NPV for each project. Round your answers to the nearest cent. Do not round your intermediate calculations. Project M $ Project N $

b.)Calculate IRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M % Project N %

c.) Calculate MIRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M % Project N %

d.) Calculate payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M years Project N years

e.) Calculate discounted payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations. Project M years Project N years

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