Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $1,500,000. Given the discount rate and the future cash flow of each project in the following table, what are the IRRs and MIRRs of the three projects for Quark Industries? Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate Project M $400,000 $400,000 $400,000 $400,000 $400,000 8% Project N $500,000 $500,000 $500,000 $500,000 $500,000 12% Project 0 $800,000 $600,000 $400,000 $200,000 $0 17% What is the MIRR for project M? 6.49 % (Round to two decimal places.) What is the IRR for project N? 19.86 % (Round to two decimal places.) What is the MIRR for project N? 16.65% (Round to two decimal places.) What is the IRR for project O? 25.50% (Round to two decimal places.) What is the MIRR for project O? % (Round to two decimal places.)