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Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 83,500 $ 102,800 1 29,400 25,700 2 28,400

Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 83,500 $ 102,800 1 29,400 25,700 2 28,400 25,700 3 26,400 40,700 4 20,400 35,700 5 10,300 14,700 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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