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

Year	Project R		Project S
0	$	76,500	$	97,200
1		26,600		24,300
2		25,600		24,300
3		23,600		39,300
4		17,600		34,300
5		11,700		13,300

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	$