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 -$15,000 $5,000 $5,000 $5,000 $5,000 $5,000
Project N -$45,000 $14,000 $14,000 $14,000 $14,000 $14,000
Calculate NPV for each project. Round your answers to the nearest cent. Do not round your intermediate calculations.
Project M
Project N
Calculate IRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations.
Project M %
Project N %
Calculate MIRR for each project. Round your answers to two decimal places. Do not round your intermediate calculations.
Project M %
Project N %
Calculate payback for each project. Round your answers to two decimal places. Do not round your intermediate calculations.
Project M years
Project N years
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