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 8%. 0 1 2 3 4 600 365 240 290 Project A Project B -1,100 -1,100 200 300 390 740 What is Project A's payback? Do not round intermediate calculations. Round your answer to four decimal places. 1.5625 years What is Project A's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places. 2.2838 years What is Project B's payback? Do not round intermediate calculations. Round your answer to four decimal places. years What is Project B's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places. years