A firm with a 14 percent WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:...

A firm with a 14 percent 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________5Project A -$6,000 $2,000 $2,000 $2,000 $2,000 $2,000Project B -$18,000 $5,600 $5,600 $5,600 $5,600 $5,600a. Calculate NPV, IRR, MIRR, payback, and discounted payback for each project.

WACC =14%NPV:Year012345 PV factor A - cash PV of AB- cashPV of Bat 14%flowscash flowsflowscash flows1.00000 ($6,000) ($6,000) ($18,000) ($18,000)0.87719 $2,000$1,754$5,600...