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9 Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 16 percent. 15 points Skipped Year
9 Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 16 percent. 15 points Skipped Year 0 1 2 3 4 Project M -$136,000 63,900 81,900 72,900 58,900 Project N -$359,000 150,500 184,000 135,500 114,000 eBook a. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either, of the projects should the company accept? Print % % a. Project M Project N b. Project M Project N c. Accept project
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