Hanse, Incorporated, has the following two mutually exclusive projects available. Year 0 1 Project R -$ 82,000 28,800 27,800 25, 800 19, 800 10, 600 Project S -$ 101,600 25, 400 25, 400 40, 400 35, 400 14, 400 a. What is the crossover rate for these two projects? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the NPV of each project at the crossover rate? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

a. Crossover rate b. NPV Project R NPV Project S $ 8518. 18 9.07 % 8,515.78

Hanse, Incorporated, has the following two mutually exclusive projects available. a. What is the crossover rate for these two projects? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16 . b. What is the NPV of each project at the crossover rate? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16