Hodgkiss Enterprises has gathered projected cash fiows for two projects. Project J -$255,000S 255,000 88,000 99,500 101,500 108,500 Year Project l 114,500 04,000 88.000 77,000 At what interest rate would the company be indifferent between the two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Interest rate Which project is better if the required return is above this interest rate? Click to select)