Question
(Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Project M Project N Project O Year 1 $500,000
(Click on the following icon
in order to copy its contents into a spreadsheet.)
Cash Flow | Project M | Project N | Project O | |||
Year 1 | $500,000 | $600,000 | $1,000,000 | |||
Year 2 | $500,000 | $600,000 | $800,000 | |||
Year 3 | $500,000 | $600,000 | $600,000 | |||
Year 4 | $500,000 | $600,000 | $400,000 | |||
Year 5 | $500,000 | $600,000 | $200,000 | |||
Discount rate | 7% | 13% | 16% |
Internal rate of return and modified internal rate of
return.
Quark Industries has three potential projects, all with an initial cost of
$1,900,000.
Given the discount rate and the future cash flow of each project in the following table,
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, what are the IRRs and MIRRs of the three projects for Quark Industries?
What is the IRR for project M?
nothing%
(Round to two decimal places.)
Enter your answer in the answer box and then click Check Answer.
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