THE DROP-DOWN OPTIONS FOR THE LAST TWO QUESTIONS ARE:

A). NEITHER

B). PROJECT A

C). PROJECT B

D). NEITHER A OR B

Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average is 7\%. What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. If the projects were independent, which project(s) would be accepted? If the projects were mutually exclusive, which project(s) would be accepted