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		1		2		3		4
Project A	-900		650		425		240		290
Project B	-900		250		360		390		740

What is Project A's payback? Do not round intermediate calculations. Round your answer to four decimal places.

years

What is Project A's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places.

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

Quantitative Problemt Bellinger Industries is considering two projects for inclusion in is captal buoget, and you tuve been asked to do the analysis, Both brofects' after ter canh fous are chowt a the time line below. Depreciation, salvage values, net operating working capitai requirements, and tax effects are all induded in these cash fows, asch projects have 4 rear itives, and chey heve nisk characteristics similar to the firm's averege project. Belinger's Wacc is 9%. What is Project As paybock? Do not round intermed ate caiculatesht. Round your antwer to four decimal places. years What is project B's paybacbit os not round intermedate calcubbish. nound your aviner to four aecimai places vears