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Net present value Quark Industries has three potential projects, all with an initial cost of $1,700,000. The capital budget for the year will allow Quark to accept only one of the three projects. Given the discount rate and the future cash flow of each project in the following table, determine which project Quark should accept X Data table Which project should Quark acc (Click on the following icon in order to copy its contents into a spreadsheet) A. Project N Cash Flow Project M Project N Project O B. Project O Year 1 $400,000 $600,000 $900,000 C. Project M Year 2 $400,000 $600,000 $700,000 D. None of the projects Year 3 $400,000 $600,000 $500,000 Year 4 $400,000 $600,000 $300,000 Year 5 $600,000 $100,000 $400,000 7% Discount rate 12% 16%