Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent.

Year	Project M	Project N
0	$ 120,000	$ 339,000
1	55,500	154,300
2	69,400	164,400
3	64,100	150,800
4	36,500	105,400

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?