present value. Quark Industries has four potential projects, all with an initial cost of $2,000,000. The capital budget for the year will allow Quark to accept one of the four projects. Given the discount rate and the future cash flow of each project, determine which project Quark should accept Project M $500,000 Project P $300,000 t O Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate $600,000 $1,000,000 $600,000$700,000 $500,000 $500,000 $500,000 6% $600,000 $600,000 $600,000 9% $400,000 $200,000 15% 900,000 $1,100,000 22% Which project should Quark accept? (Select the best response.) OA, Project P OB, Project M O C. Project O O D. Project N 0 E. None of the projects