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 2 400 Project A Project B -1,300 -1,300 640 240 310 245 280 430 B50 What is Project A's IRR? Do not round Intermediate calculations. Round your answer to two decimal places, % What is Project B's IRR? Do not round Intermediate calculations, Round your answer to two decimat places. % If the projects were independent, which project(s) would be accepted according to the IRR method? Both projects A and Ir the projects were mutually exclusive, which project(s) would be accepted according to the IRR method Project Could there be conflict with project acceptance between the NPV and IRR approaches when projects are mutually exclusive Yes