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Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $1,700,000. Given the

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Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $1,700,000. Given the discount rate and the future cash flow of each project, what are the IRRs and MIRRs of the three projects for Quark Industries? ect M ect N Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate S400,000 S400,000 S400,000 S400,000 S400,000 3% S600,000 S600,000 S600,000 S600,000 Project O $900,000 $700,000 S500,000 S300,000 $100,000 15% 14%

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