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4) Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 17%.Project M [ year 0-$145,000 ;
4) Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 17%.Project M [ year 0-$145,000 ; year 1 $ 64,000 ; year 2 $82,000 ; year 3 $73,000 ; year 4 $59,000]. Project N [ year 0-$360,000 ; year 1 $150,000 ; year 2 $185,000 ; year 3 $135,000 ; year 4 $115,000].A) What is the IRR for each project? B) What is the NPV for each project? C) Which, if either, of the projects should the company accept? Please use excel and explain the answer.
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