have $4-$year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is $12\%.$

What is Project A$\text{'}$s MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

What is Project B$\text{'}$s MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

If the projects were independent, which project$($s$)$ would be accepted according to the MIRR method?

I

If the projects were mutually exclusive, which project$($s$)$ would be accepted according to the MIRR method?