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%. - O Project A -1,100 590 360 220 280 Project B -1,100 230 300 360 700 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places. % What is the significance of this IRR? It is the -Select- 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. -Select- v NPV Profiles A NPV Profiles B INPV ($) INPV ($) 60of 600 5001 5001 400 400 300 300 f 200+ 200 100 100 - + 10 15 20 25 30 10 20 25 30 100 * -100 200* Cost of Capital (% ) 200* Cost of Capital (% ) -300 -300 * -400 -400 NPV Profiles C NPV Profiles D-Select= equity return crossover rate Interest yieldNPV Profiles C NPV Profiles D INPV ($) INPV ($) 600 600 500 500 + 400+ 400 300 300 200 200 100+ 1004 + 10 20 25 30 5 10 20 25 30 100 7 -200 Cost of Capital (% ) 200 * Cost of Capital (% ) -300 -300 -400 -400Quantitative 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 rm's average project. Bellinger's WACC is 7%. D 1 2 3 4 Project A -1,15l:| 700 395 220 2?0 Project B -1,15l:| 300 330 EN) 720 What is Project A's MIRR? Do not round intermediate caloulations. Round your answer to two decimal places. % What is Project B's MIRR? Do not round intJermediate caloulations. Round your answer to two decimal places. % If the projects were independent, which project(s) would be accepted aooording to the MIRR method? If the projects were mutually exclusive, which project(s) would be accepted aooorcling to the MIRR method