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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

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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 flows are shown on the time line below Depreciation, salvage values, net operating working capital requirement 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 11% What is the project A's IRR? Do not round intermediate calculations. What is projects B's IRR? Do not round intermediate calculation.. If the project were independent which project(s) would be accepted according to the IRR method? If the project were mutually exclusive, which project(s) would be accepted according to the IRR method? Could there be a conflict with project acceptance between the NPV and approaches when projects are mutually exclusive

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