the last question is "if the projects were mutually exclusive, which projects would be accepted?

rected) the net present value (NPV) method estimates how much a potential project will contribute to shareholders with and is the best section arenon he targer the NPV, the more value the project adds; and added value means a higher stock price in equation for the end CF CF CP NPV = CF + CH + + ... + CFt is the expected cash flow at time t,r is the project's risk-adjusted cost of capital, and is its life, and cash outflows are treated as negative cash out The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted WACC y When the firm is considering independence if the project's NPV exceeds zero the firm should accept the project. When the firm is considering mutually exclusive projects that show project with the highest positive v NPV. Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the bod projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital regolaments and taxele all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project Benga 9% 2 3 0 1 690 Project A Project B - 1.190 -1,190 380 315 290 440 340 790 290 What is Project A's NPV? Round your answer to the nearest cent. Do not found your intermediate calculations What is Project B's NPV7 Round your answer to the nearest cont. Do not round your intermediate calculations 11 the projects were independent, which project() would be accepted? Select the projects were mutually exclusive, which project(s) would be accepted