Homework: Chapter 9 Homework Save Score: 0 of 1 pt 6 of 9 (5 complete) HW Score: 42.33%, 3.81 of 9 p P9-13 (similar to) Question Help Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,400,000. Given the discount rate and the future cash flow of each project in the following table, B, what are the IRRs an MIRRs of the three projects for Quark Industries? What is the IRR for project M? 7.93 % (Round to two decimal places.) Data Table What is the MIRR for project M? % (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate Project S600,000 $600,000 S600,000 $600,000 $600.000 8% Project N $800,000 $800,000 $800,000 $800,000 $800.000 11% Project $1,300,000 $1,100,000 $900,000 $700,000 $500,000 17% Print Done Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Final Check