Question: Seether, Inc., has the following two mutually exclusive projects available. Year Project R Project S 0 $ 82,500 $ 102,000 1 29,000 25,500 2 28,000

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

Year

Project R

Project S

0

$

82,500

$

102,000

1

29,000

25,500

2

28,000

25,500

3

26,000

40,500

4

20,000

35,500

5

10,500

14,500

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 8.91 %

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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