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

Year	Project R		Project S
0	$	79,000	$	99,200
1		27,600		24,800
2		26,600		24,800
3		24,600		39,800
4		18,600		34,800
5		11,200		13,800

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	$