Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,200,000. Given the discount rate and the future cash flow of each project in the following table, E , what are the IRRs and MIRRs of the three projects for Quark Industries? Data table What is the IRR 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 Project M $600,000 $600,000 $600,000 $600,000 $600,000 10% Project N $700,000 $700,000 $700,000 $700,000 $700,000 12% Project 0 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 18% Discount rate