Quantitative Problem: blue 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. Blues WACC is 8%.

	0		1		2		3		4
Project A	-1,500		650		425		290		340
Project B	-1,500		250		360		440		790

What is Project A's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. The MIRR calculation is dependent on the firm's WACC.

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

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