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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 1 9 percent. Year Project M Project
Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is percent.
Year Project M Project N
$ $
What is the IRR for each project?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to decimal places, eg
What is the NPV for each project?
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Which, if either, of the projects should the company accept?
a Project M
a Project N
b Project M
b Project N
c Accept project
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