Hanse, 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 a. 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, eg.. 32.16. b. 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.) a. Crossover rate ___%
b. NPV Project R ___
c. NPV Project S ___