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 timeline below. Depreciation, salvage values, niet 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% Project A Project 3 1,050 1,050 600 270 350 30 230 30 270 RO What is Project Delta's IRR? Do not round intermediate cl o s Round your answer to two decals