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Please show using Excel formulas!!!! Thank you! Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been

image text in transcribedPlease show using Excel formulas!!!! Thank you!

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 7%. 0 1 2 3 4 Project A -1,150 600 415 220 270 Project B -1,150 200 350 370 720 What is Project A's payback? Do not round intermediate calculations. Round your answer to four decimal places. 2 years Show All Feedback What is Project A's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places. years Show All Feedback What is Project B's payback? Do not round intermediate calculations. Round your answer to four decimal places. 2 X years Show All F What is Project B's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places. years Show All Feedback Check My Work Icon Key

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