Internal rate of return and modified internal rate of return. Quark Industries has three potential?projects, all with an initial cost

Internal rate of return and modied internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,300,000. Given the discount rate and the future cash ow of each project, what are the IRRs and MIRRs of the three projects for Quark Industries? Cash Flow Project N Project 0 $800,000 $1 200,000 $800,000 $1,000,000 $600,000 Year 2 $600,000 Year 3 $600,000 $800,000 $800,000 Year 4 $600,000 $800,000 $600,000 Year 5 $600,000 $800,000 $400,000 Discount rate 8% 12% 16% What is the IRR for project M? 9.56 % (Round to two decimal places.) What is the MIRR for project M? :|% (Round to two decimal places.)