'ate is that at any cost of capital than the crossover rate, the NPV and tRR methods will provide the same conclusion for evaluating mutually exciusive projects. However, at any cost of capital than the crossover rate, the NPV and IRR methods' concluslons will conflict. in that situation (1) method will always provide the correct project acceptance result. 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 areall included in these cash flows. Both projects have 4-year tives, and they haye risk characteristics similar to the firm's average project. Bellinger's WACC is 10% What is Project Delta's 1RR? Do not round intermediate calculations, Round your answer to two decimal places. (3)