requires an initial outlay at t of $40,000, its expected cash inflows are $9,000 per year for 6 years, and its WACC is 10%. What is the project's payback Round your answer to two decimal places. years A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: o 1 2 3 4 + Project -$1,000 $100 $300 $430 $750 Project -$1,000 $1.100 5100 345 $45 The projects are equally risky, and their WACC 94. What is the MERR of the project that maximizes shareholder value? Do not round Intermediate calculations. Round your answer to two decimal places. 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 timeline 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. Belinger's WACC is 7%. 0 1 2 3 4 1 Project A -1,150 610 375 230 280 Projects - 1,150 210 310 300 730 - 1 What is Project A's NPV? Do not round Intermediate calculations. Round your answer to the nearest cent. Show All Feedback What is Project B's NPV? Do not round intermediate calculations. Round your answer to the newest cent $