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Hi, Can you please solve this problem :) Thank you! Quantitative Problem Belling

ID: 2734857 • Letter: H

Question

Hi, Can you please solve this problem :) Thank you!

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 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. Bellinger's WACC is 7%.

A.) What is Project A's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

B.) What is Project B's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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 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. Bellinger's WACC is 10%.

C.) What is Project A’s IRR? Do not round intermediate calculations. Round your answer to two decimal places.

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

0 1 2 3 4 Project A -1,190 680 345 200 250 Project B -1,190 280 280 350 700

Explanation / Answer

Answer: A&B

C &D:

Cash flows Discounted cashflows Year A B Discount factor @7% A B 0 -1190 -1190 1 -1190 -1190 1 680 280 0.934579 635.51 261.68 2 345 280 0.873439 301.34 244.56 3 200 350 0.816298 163.26 285.70 4 250 700 0.762895 190.72 534.03 NPV 100.83 135.98
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