NPV unequal lives. Grady Enterprises is looking at two project opportunities for a parcel of land the company currently owns. The first project is a restaurant, and the second project is a sports facility. The projected cash flow of the restaurant is an initial cost of $1,520,000 with cash flows over the next six years of $160,000 (year one), $240,000 (year two), $330,000 (years three through five), and $1,770,000 (year six), at which point Grady plans to sell the restaurant. The sports facility has the following cash flows: an initial cost of $2,380,000 with cash flows over the next four years of $370,000 (years one through three) and $2,810,000 (year four), at which point Grady plans to sell the facility. If the appropriate discount rate for the restaurant is 10.0% and the appropriate discount rate for the sports facility is 12.0%. use the NPV to determine which proiect Gradv should choose for the barcel of land. Adiust the If the appropriate discount rate for the restaurant is 10.0%, what is the NPV of the restaurant project? Internal rate of return and modified internal rate of return. Quark Industries has three potential projec all with an initial cost of $1,900,000. Given the discount rate and the future cash flow of each project in thi following table, what are the IRRs and MIRRs of the three projects for Quark Industries? What is the IRR for project M? % (Round to two decimal places.) Data table \begin{tabular}{|l|c|c|c|} \hline Cash Flow & Project M & Project N & Project O \\ \hline Year 1 & $500,000 & $600,000 & $1,000,000 \\ \hline Year 2 & $500,000 & $600,000 & $800,000 \\ \hline Year 3 & $500,000 & $600,000 & $600,000 \\ \hline Year 4 & $500,000 & $600,000 & $400,000 \\ \hline Year 5 & $500,000 & $600,000 & $200,000 \\ \hline Discount rate & 10% & 13% & 17% \\ \hline \end{tabular} Print Done