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

Year	Project R		Project S
0	$	80,500	$	100,400
1		28,200		25,100
2		27,200		25,100
3		25,200		40,100
4		19,200		35,100
5		10,900		14,100

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	$