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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 19 percent.
Year Project M Project N
0$ 143,000$ 362,000
164,200149,000
282,200187,000
373,200134,000
459,200117,000
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?
a. Project M %
a. Project N %
b. Project M
b. Project N
c. Accept project
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