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 11 % . Project A -1,500 700 215 310 Project B 1,500 300 310 395 755 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places What is the signiicance of this IRR? It is the Select approaches after this point when mutually exclusive projects are considered there is no confict in project acceptance between the NPV and IRR 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. Select- NPV Profiles A NPV Profiles B NPV Profiles C INP tNPv tNPV 600 600 600 500 500t 500 400 400 400 300 300 200 1004 300 200 100 200 100 25 10 15 20 25 30 10 15 20 30 10 15 30 20 25 -1001 -2001 -100t 100t 200 Cost of Capital Cot of Cantal Cost of Capital -200 -300- 4001 -300f 400 -3001 4001 NPV Profiles D INPV 600- 500 400 300 200 1004 25 30 10 15 20 -100 Cot of Captal -200 300 400