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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 81,000 $ 100,800 1 28,400 25,200 2 27,400

Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 81,000 $ 100,800 1 28,400 25,200 2 27,400 25,200 3 25,400 40,200 4 19,400 35,200 5 10,800 14,200 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 8.63 % 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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