Bausch Company is presented with the following two mutually exclusive projects. The required return for both Projects is 18 percent. Year ON Project M -$141.000 63,400 81,400 72,400 58,400 Project N -$354,000 153,000 179,000 138,000 109,000 3 4. 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? % % a. Project M Project N b. Project M Project N c. Accept project