Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 18 percent. Year 0 1 2 3 4 Project M Project N -$137,000 $368,000 64,800 146,000 82,800 193,000 73,800 131,000 59,800 123,000 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? % a. Project M Project N b. Project M Project N c. Accept project