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Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent. Year 0 Project M -$141,000

Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent. Year 0 Project M -$141,000 Project N -$364,000 64.400 148.000 82.400 189.000 73,400 133.000 59.400 119.000 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? Project M Project N b. Project M Project N e. Accept project 96 96

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