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

Year	Project R		Project S
0	$	77,000	$	97,600
1		26,800		24,400
2		25,800		24,400
3		23,800		39,400
4		17,800		34,400
5		11,600		13,400

Requirement 1:

What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Internal rate of return

%

Requirement 2:

What is the NPV of each project at the crossover rate? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	NPV
Project R	$
Project S	$