Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 13 percent. Year o 1 2. 3 4 Project M -$135,000 65,000 83,000 74,000 60,000 Project N -$370,000 145,000 195,000 130,000 125,000 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