Question: Please help the last person got this wrong! Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all

 Please help the last person got this wrong! Internal rate of Please help the last person got this wrong!

Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $2,200,000. Given the discount rate and the future cash flow of each project in the following table, what are the IRRs and MIRRs of the three projects for Quark Industries? Data table What is the IRR for project M? 11.32 % (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) What is the MIRR for project M? Cash Flow 6.40 % (Round to two decimal places.) 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 $700,000 $700,000 $700,000 $700,000 $700,000 12% Project 0 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 18%

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