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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 projects' after-tax cash

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 7%.

0

1

2

3

4

Project A

-1,150

650

375

290

340

Project B

-1,150

250

310

440

790

What are the two projects NPVs, IRRs, MIRRs?

Do not round your intermediate calculations. Round your answer to two decimal places.

Project A's NPV is equal to $Blank 1.

Project B's NPV is equal to $Blank 2.

Project A's IRR is equal to Blank 3%

Project B's IRR is equal to Blank 4%

Project A's MIRR is equal to Blank 5%

Project B's MIRR is equal to Blank 6%

If the projects were independent, which project(s) would be accepted? Blank 7 (A/B/both)

If the projects were mutually exclusive, which project(s) would be accepted? Blank 8 (A/B/both)

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