Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 18 percent. Year Project M 0 -$ 144,000 1 64,100 2 82,100 3 4 73,100 59,100 Project N -$ 361,000 149,500 186,000 134,500 116,000 a. What is the IRR for each project? Note: 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? Note: 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? Answer is complete but not entirely correct. a. Project M 32.93 % Project N 27.85 % b. Project M Project N $ 43,753.02 X $ 86,461.61 x c. Accept project Project M