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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 75,500 $ 96,500 1 25,500 23,500 2 24,500

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

Year Project R Project S
0 $ 75,500 $ 96,500
1 25,500 23,500
2 24,500 23,500
3 22,500 38,500
4 16,500 33,500
5 11,500 12,500

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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