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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 1 8 percent. Year Project M Project

Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 18 percent.
Year Project M Project N
0$ 137,000$ 368,000
164,800146,000
282,800193,000
373,800131,000
459,800123,000
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.
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.
Which, if either, of the projects should the company accept?

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