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 11 0 1 2 3 4 Project A 1,150 650 430 210 260 Project B 1,150 250 365 360 710 What is Project A's MIRR Round your answer to two decimal places Do not round your intermediate calculations What is Project B's MIRR Round your answer to two decimal places Do not round your intermediate calculations If the projects were independent, which project(s) would be accepted according to the MIRR method Select NeitherProject AProject BBoth projects A and BCorrect 1 of Item 3 If the projects were mutually exclusive, which project(s) would be accepted according to the MIRR method Select NeitherProject AProject BBoth projects A and BCorrect 2 of Item 3

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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'

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 11%.

	0	1	2	3	4

Project A	-1,150	650	430	210	260
Project B	-1,150	250	365	360	710

What is Project A's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. _______%

What is Project B's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. _______%

If the projects were independent, which project(s) would be accepted according to the MIRR method? -Select-NeitherProject AProject BBoth projects A and BCorrect 1 of Item 3 If the projects were mutually exclusive, which project(s) would be accepted according to the MIRR method? -Select-NeitherProject AProject BBoth projects A and BCorrect 2 of Item 3