Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Bath 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 prajects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%. D 1 2 3 4 700 370 215 Project A Projects -1,500 -1,500 310 755 30D 310 395 What is Project Delte's IRR? Do not round intermediate calculations. Round your answer to two decimal places % what is the significance of this IRR? 500+ 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 NPV Profiles A NPV Profiles B NPV Profiles C INPV 5 INPV) INPV 5 600 600+ 600 500 500 400 400 400 3001 300+ 300+ 200 2001 2007 100 100 100 10 15 20 25 30 5 10 15 20 25 30 10 15 20 -1001 -100+ -100 Cost of Capeal) -200 -200 Cost of Cantal -200 -300 -300 -300 -4001 -400 -4001 NPV Profiles D NPV $ 600 500 400 3001 2007 100 25 30 Cost of Captal VS 10 15 20 25 30 -100 Cost of Capcal -200 -300 -400