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 WACCS 8% 0 1 2 250 Project A :-1,150 650 365 290 340 Project B -1,150 300 440 790 What is Project A's payback? Do not round intermediate calculations, Round your answer to four decimal places years * Hide Feedback Partially Correct Check My Work Feedback Review the payback definition The solution for payback is a number not a percentage rate or dollar value. The payback calculation is not dependent on the firm's WACC. Don't forget the minussion for the Year cash flow. What is Project A's discounted payback? Do not round intermediate calculations, Round your answer to four decimal places years de Feedback O What is Project B's payback? Do not round Intermediate calculations. Round your answer to four decimal places. years Hide Feedback Incorrect Check My Work Feedback Review the payback definition The solution for payback is a number not a percentage rate or dollar value. The payback calculation is not dependent on the firm's WACC. Don't forget the minus sign for the Year O cash flow. What is Project Bs discounted payback? Do not found intermediate calculations. Rund your answer to four decimal places. years Ride Feedback Incorrect Check My Work Feedback Review the discounted payback definition The solution for discounted payback is a number not a percentage rate or dollar value. The discounted payback calculation is dependent on the firm's WACC. Don't forget the minus sign for the Year 0 cash flow