Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital 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 have risk characteristics similar to the firm's average project. Bellinger's WACC is 9%. 0 1 2 3 4 Project A Project B -1,050 -1,050 600 300 360 280 230 350 300 750 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places. % A It is the Swat What is the significance of this IRR? after this point when mutually exclusive projects are considered there is no conflict in project acceptance between the NPV and IRR approaches. Review the graphs below. Select the graph that correctly represents the correct NPV profile for Projects A and B by using the following drop down menu. NPV Profiles A NPV Profiles 8 Vs UPS 6007 500 4001 300 200 100 600 500 400 300 200 100 NPV Profiles A NPV Profiles B INPV (5) NPV (5) 600 600 500 500 400 400- 300 300 200 200 100 100+ 10 25 5 25 5 10 30 30 15 -1001 -100+ Costo Capital (%) Cost of Capital (%) -200 -300 -400+ -200 -300 -400 NPV Profiles c NPV Profiles D NPV (5) NPV (5 600 600 500 400 300 200 500 4001 3001 200 100 100 10 15 30 25 5 30 10 15 Cost of capital Cost of Capital 100 -2007 -300 -400 -100 -200 -300 -400