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 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%. 0 1 2 3 4 Project A -1,100 700 380 260 310 Project B -1,100 300 315 410 760 What is Project A's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. % What is Project B's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. % If the projects were independent, which project(s) would be accepted according to the MIRR method? -Select-NeitherProject AProject BBoth projects A and B If the projects were mutually exclusive, which project(s) would be accepted according to the MIRR method? -Select-NeitherProject AProject BBoth projects A and B Check My Work (2 remaining) Icon Key Icon Key100% Correct Partially Correct Visited, Not Yet Judged Incorrect Needs Instructor Grading Not Intended for Grading Previous Question 5 of 6 Next The Basics of Capital Budgeting: MIRR