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 nows. Both projects have 4-year lives, and they have risk characteristies similar to the firm's average project Bellinger's WACC Is 104 0 1 2 3 Project A -1,200 630 330 290 350 Project B -1,200 230 265 440 800 What is Project A's IRR? Do not round intermediate calculations. Round your answer to two decimal places. 96 What is Project B's IRR? Do not round intermediate calculations, Round your answer to two decimal places. If the projects were independent, which project(s) would be accepted according to the talk method? If the projects were mutually exclusive, which project(s) would be accepted according to the IRR method Could there be a conflict with project acceptance between the NPV and IRA approaches when projects are mutually exclusive? Could there be a conflict with project acceptance between the NPV and IRR approaches when projects are mutually exclusive? Select The reason is Select Reinvestment at the Select is the superior assumption, so when mutually exclusivalprojects are evaluated the select approach should be used for the capital budgeting decision