Quantitative Problem: Bellinger industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analvsis. Eoth projects' after-tax cash fows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash fows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's wacC is 10%. What is Project A's IRR? Do not round intermediate calculations. Mound your answer to two decimal places. What is Project B's TRR? Do not round intermediate calculations. Aound your answer to two decimal places. If the projects were independent, which project(s) would be accepted according to the Ina method? If the projects were mutually exclusive, which project(s) would be accepted according to the tRR method? Could there be a confilict with project acceptance between the Nov and Ith approaches when projects are mutually exclusive? The reason is (thin! Reinvestment at the is the superior astumption, wo when mutually exclusive projects are evaluated the aspeoach thould be used for the capital budgeting decition