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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 1 7 percent. Year Project M Project

Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 17 percent.
Year Project M Project N
0$ 138,000$ 367,000
164,700146,500
282,700192,000
373,700131,500
459,700122,000
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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