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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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