2. The Capital Budgeting The Basics of Capital Budgeting: election on the the NPV, the The net present at how much apart will contribute towarow higher than the Vis as Of is the expected cash flow at Time s the projects r a ted cost of capital and WACC when the firm is considering independent projects, the project's EN site, and cash outfios are treated as negative chows. The NPV calculation aumes that cachin can be reinvested at the project's rik d o the firm should the project. When their considering mutually cutive projects, the firm should not the project with the e x e Quantitative Probleme ger Industries is considering the projects for inclusion in bude, and you have been asked to do the analysis. Both t values, et operating working capital requirements, and tax effects are all included in the cash flow. Both projects have 4-year lives, and they have risk character h ows are shown on the timeline below. Depreciation, s to the firm's average project. Bellinger's WACC Is 104 What is Project A's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations. What is Project B's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations. If the projects were independent, which project(s) would be accepted? -Select- If the projects were mutually exclusive, which project(s) would be accepted? -Select- Neither Project A Project B Both projects A and B Save & Continue