2 Following is information on two alternative investments being considered by Tiger Co. The company requires a 6% return from its investments. 13.12 points Initial investment Expected net cash flows in: Year 1 02:58:15 Year 2 Year 3 eBook Project X1 Project X2 $(124,000) $(208,000) 47,000 93,000 57,500 83,000 82,500 73,000 Compute the internal rate of return for each of the projects using Excel functions. Based on internal rate of return, indicate whether each project is acceptable. (Round your answers to 2 decimal places.) IRR Acceptable? References Project X1 Project X2 % %