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

Year	Project R		Project S
0	$	79,500	$	99,600
1		27,800		24,900
2		26,800		24,900
3		24,800		39,900
4		18,800		34,900
5		11,100		13,900

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	$