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Quantitative Problem: Bellinger Industries isconsidering two projects for inclusion in its capital budget, andyou have been asked to do the analysis. Both projects' after-taxcash flows are shown on the time line below. Depreciation, salvagevalues, net operating working capital requirements, and tax effectsare all included in these cash flows. Both projects have 4-yearlives, and they have risk characteristics similar to the firm'saverage project. Bellinger's WACC is 12%.01234Project A-1,200650415290340Project B-1,200250350440790What is Project A's payback? Round your answer to four decimalplaces. Do not round your intermediate calculations.yearsWhat is Project A's discounted payback? Round your answer tofour decimal places. Do not round your intermediatecalculations.yearsWhat is Project B's payback? Round your answer to four decimalplaces. Do not round your intermediate calculations.yearsWhat is Project B's discounted payback? Round your answer tofour decimal places. Do not round your intermediatecalculations.years