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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 12% 0 1 2 3 4 1 1 1 1 1 Project A -1,050 700 350 270 320 Project B -1,050 300 285 420 770 What is Project A's MIRR? Do not round Intermediate calculations. Round your answer to two decimal places. % Show All Feedback What is Project B's MIRR? Do not round Intermediate calculations. Round your answer to two decimal places 96

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