drop down options

Whth a 14% WACC is evaluating two projects for this yoar's capital budget. After tax cash fiows, including depreciation., are as folows: a. Calculate Bepy for each grolect. Do not round intermiediate calcullations, Round your answers to the nearest cent. Project Mt 5 ti Prolect N: 5 ? Calculate tRik for ead peolect, Do not round intermeciate caloustionr. Found your anawers to two dedmal piaces. Prolect M Project N: Calculate MiRk for each project. Do nok round intermediate calculatichs. Pound your answers to two decimal places. Project. M: Project N: Calculate payback for each project. De not round intermediate caloulations, Round your arswers to two decimal places. Calculate discounted raybock for each orplect. Do not roued intermed ate calculakient. found your ananen fo buv decinul pilaces. Proiect tht Project Ne? puars b. Assuming the projects are lindependect, which ene\{s) would rou recommend? E It the projects are mutualy exdusive. which woutd you recortmend? Reibit b. Assuming the projects are independent, which one(s) would you recommend? -Select -Select C. Only Project M would be accepted because NPV (M)> NPV (N). hend? Only Project N would be accepted because NPV (N)> NPV(M). Both projects would be accepted since both of their NPY's are positive. Only Project M would be accepted because IRR(M) > IRR(N). Both projects would be rejected since both of their NpV's are negative. d. Notice tiat tre projects nave the same casn mow timming patcern. Why is there a conflict between NPV and IRR c. If the projects are mutually exclusive, which would you recommend? VPV and IRR? 4. Notice that the projects have the same cash flow timing pattern. Why is there a conflict between NPV and IRR