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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S -$78,500 S98,800 24,700 24,700 39,700 34,700 13,700 27,400 26,400 24,400

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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S -$78,500 S98,800 24,700 24,700 39,700 34,700 13,700 27,400 26,400 24,400 18,400 11,300 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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