Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 13 percent. Year Project M -$135,000 65,000 83.000 74,000 60,000 Project N -$370,000 145,000 195.000 130.000 125,000 2 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 Project M Project N c. Accept project