Quantitative Problem: Bellinger industries is considering two projects for inclusion in its copital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they heve risk characteristics similar to the firm's average project. Bellinger's WacC is B\%. What is Project A's IRR? Do not round intermediate calculations. Round your answer to two decimal places. What is Project B's 1RR7 Do not round intermediate calculations. Round your answer to two decimal places. If the projects were independent, which project(s) would be accepted accorting to the IAR method? If the projects were mutually exdusive, which project(1) would be accepted secording to the IRR method? Could there be a confict with project acceptance between the NDV and IRR approsches when projects are mutuatily exclusive? The feason is -seied Beinvestment at the Is the superior assumption, so when mutuany exclusive projects are evaluated the decivion. approach should be used for the capital budgeting