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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 76,500 $ 97,200 1 26,600 24,300 2 25,600

Seether, Inc., has the following two mutually exclusive projects available.

Year Project R Project S
0 $ 76,500 $ 97,200
1 26,600 24,300
2 25,600 24,300
3 23,600 39,300
4 17,600 34,300
5 11,700 13,300
Requirement 1:

What is the crossover rate for these two projects?

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 $
Project S $

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