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 10%. Project -1,250 700 370 200 310 A Project -1,250 280 315 395 750 B 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- :J. 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- 9 NPV Profiles A NPV Profiles B NPV Profiles C NPV Profiles D ENPV 15 ENPY 15 ENPY IS 800 Soo 100 100- 300 206 LOO 20 30 -100 15 30 30 10 -100 20 30 -200 -200 Cost of Capital Is1 200 200 300 400 -300 -400 -400 400