Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 17 percent. Project M Year 0723 -$ 138,000 1 64,700 82,700 73,700 4 59,700 Project N -$ 367,000 146,500 192,000 131,500 122,000 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? a. Project M Project N b. Project M % % Project N c. Accept project Project M