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Problem 8-24 Crossover and NPV [LO 41 Seether, Inc., has the following two mutually exclusive projects available. Year 0 1 2 3 4 Project R
Problem 8-24 Crossover and NPV [LO 41 Seether, Inc., has the following two mutually exclusive projects available. Year 0 1 2 3 4 Project R $ 55,000 21,000 22,000 19.000 12.000 9,000 Projects $ 76,000 20,000 20.000 35,000 30.000 10,000 Requirement 1: What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Internal rate of return Requirement 2: What is the NPV of each project at the crossover rate? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) NPV $ Project R Projects $
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