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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'

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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 1 -920 600 395 290 340 Project A Project B -920 200 330 440 790 What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ Hide Feedback Partially Correct Check My Work Feedback Review the NPV equation definition. Don't forget the minus sign for the Year 0 cash flow. What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $

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