QUESTIONS TO ANSWER:

1. What is the IRR for project M?

2. What is the MIRR for project M?

3. What is the IRR for project N?

4. What is the MIRR for project N?

5. What is the IRR for project O?

6. What is the MIRR for project O?

what are Internal rate of return and modified 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 flow of each project in the following table, 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 (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate Project M $600,000 $600,000 $600,000 $600,000 $600,000 10% Project N $800,000 $800,000 $800,000 $800,000 $800,000 14% Project O $1,200,000 $1,000,000 $800,000 $600,000 $400,000 15% L Print Done