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 9%. 0 2 Project A Project B -900 -900 500 430 320 315 380 395 310 400 What is Project Delta's IRR? Do not round intermediate calculations. Round your answer to two decimal places. What is the significance of this RR? It is the 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 INPV 15 600 500 400 300+ 200+ 100 INPV (5) 600 500 400 300 200 100 10 15 20 25 30 10 15 20 25 30 Cost of Capital -100 -200 Cost of Capital -100 -200 -300 -4001 -3001 -4001 NPV Profiles c NPV Profiles D INPS 600 500+ 400+ 300 NPV 600 5001 400+ 300 2007 100 2007 100 10 15 20 30 10 15 20 25 30 -100 Cost of Capital -100 -200 Cost of Capital -200 00 -400+ -300 -4001