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nternal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,400,000. Given the

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nternal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,400,000. Given the discount rate and the future cash flow of each project in the following table, what are the IRRs and MIRRs of he three projects for Quark Industries? - X What is the IRR for project M? 1% (Round to two decimal places. Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Project M Project N Project Year 1 $600,000 $800,000 $1,300,000 Year 2 $600,000 $800,000 $1,100,000 Year 3 $600,000 $800,000 $900,000 Year 4 $600,000 $800,000 $700,000 Year 5 $600,000 $800,000 $500,000 Discount rate 7% 12% 17% Print Done

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