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I need PROJECT DELTA'S IRR only. Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked

image text in transcribedI need PROJECT DELTA'S IRR only.

Quantitative Problem: 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 11%. 0 1 2 3 4 590 360 220 280 Project A Project B -1,100 -1,100 230 300 360 700 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places. %

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