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 9%. 1 2 3 !!!!! 350 230 270 Project A -1,050 600 Project B -1,050 270 330 390 780 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places. What is the significance of this IRR? It is the select- after this point when mutually exclusive projects are considered there is no conflict in project acceptance between the NPV and IRR approaches. Review the graphs below. Select the graph that correctly represents the correct NPV profile for Projects A and B by using the following drop down menu. -Select- V NPV Profiles A NPV Profiles D B NPV Profiles C es c NPV Profiles D NPV (5) NPV (5) NPV (5) NPV (5) 600+ 500 400 300+ 200 1004 10 15 10 15 10 10 -100 -200 -300 400 30 Cost of Capital (%) 600+ 500 400 300+ 200 1004 -100 -200 -300+ -400 23 Cost of Capital (%) 600+ 500 400 300+ 200 1004 -100 -200+ -300 -400 5 29 30 - Costo Capital (%) 600+ 500 400 300+ 200 1004 -100 -2001 -300+ -400 30 Cost of Capital (