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

Year	Project R		Project S
0	$	81,500	$	101,200
1		28,600		25,300
2		27,600		25,300
3		25,600		40,300
4		19,600		35,300
5		10,700		14,300

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	$
Project S	$