bellinger industries is considering two projects for inclusion in its capital budget, and you have been asked to so analysis. both projects after tax cash flows are shown on the time lone 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 risk characteristics similar to the firms average project. bellingers wacc os 9%.

0. 1. 2. 3. 4

project a. -900. 600. 430. 250. 300

project b. -900. 200. 366. 400. 750

What is project A's payback?

What is project B's payback?

What is Project A's discounted payback?

What is project B's discounted payback?