and they have risk characteristics similar to the firm's average project. Bellinger's WACC is $10\%.$

$\backslash$table$[[,1,1,2,1,4],[$Project A$,-1,250,700,370,200,310],[$Project B$,-1,250,280,315,395,750]]$

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 $,$ 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 correct graph that represents the NPV profile for Projects A and B$.$

NPV Profiles A

$$NPV

TNPV