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Internal rate of return and modified internal rate of return Quark Industries has three potential projects, all with an initial cost of $2,100,000. Given the discount rate and the future cash flow of each project, what are the IRRs and MIRRs of the three projects for Quark Industries? Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate $500.000 $500,000 $500,000 $500,000 $500,000 10% $700,000 $700,000 $700,000 $700,000 $700,000 11% $1,100,000 $900,000 $700,000 $500,000 $300,000 18% What is the IRR for project M? D- (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer Clear All Check Answer remaining