Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 19 percent. Year Project M Project N 0 -$143,000-$362,000 1 64,200 149,000 2 82,200 187,000 3 73,200 134,000 4 59,200 117,000 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 % %