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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 78,000 $ 98,400 1 27,200 24,600 2 26,200
Seether, Inc., has the following two mutually exclusive projects available.
Year | Project R | Project S | ||||
0 | $ | 78,000 | $ | 98,400 | ||
1 | 27,200 | 24,600 | ||||
2 | 26,200 | 24,600 | ||||
3 | 24,200 | 39,600 | ||||
4 | 18,200 | 34,600 | ||||
5 | 11,400 | 13,600 | ||||
What is the crossover rate for these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Crossover rate % What is the NPV of each project at the crossover rate? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
NPV | |
Project R | $ |
Project S | $ |
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