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Internal Rate of Return. Quark Industries has three potential projects, all with an initial cost of $1,600,000. Given the discount rates and the future cash

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Internal Rate of Return. Quark Industries has three potential projects, all with an initial cost of $1,600,000. Given the discount rates and the future cash flow of each project, what are the IRRs of the three projects for Quark Industries? Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5 Project M $400,000 $400,000 $400,000 $400,000 $400,000 Project N $500,000 S500,000 $500,000 $500,000 $500,000 Project O $900,000 $700,000 $500,000 $300,000 $100,000 What is the IRR for Project M? % (Round to two decimal places.) What is the IRR for Project N? % (Round to two decimal places.) What is the IRR for Project O? % (Round to two decimal places.)

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