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Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both project's after-tax cash

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Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both project's after-tax cash flows are shown on the time below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 10%. What is Project A's IRR? Do not round intermediate calculations. % What is Project B's IRR? Do not round intermediate calculations. % If the projects independent, which project(s) would be accepted according to the IRR method

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