Question: Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 81,500 $ 101,200 1 28,600 25,300 2 27,600
| Seether, Inc., has the following two mutually exclusive projects available. |
| Year | Project R | Project S | ||
| 0 | $ | 81,500 | $ | 101,200 |
| 1 | 28,600 | 25,300 | ||
| 2 | 27,600 | 25,300 | ||
| 3 | 25,600 | 40,300 | ||
| 4 | 19,600 | 35,300 | ||
| 5 | 10,700 | 14,300 | ||
| 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 | $
|
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