Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 17 percent. Year anmo Project M -$142,000 63,300 81,300 72,300 58,300 Project N. $353,000 153,500 178,000 138,500 108,000 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. % b. Project M Project N Project M Project N Accept project C