Check Exercise 24-21A (Algo) Internal rate of return using Excel LO P4 Following is information on two alternative Investment projects being considered by Tiger Company. The company requires a 6% return from its investments Project xa Project X2 Initial investment $ (114, 080 $ (188,000) Net cash flows in: 42,eee 85,500 52,500 77,500 65,5ee 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.) Year 1 Year 2 Year 3 75,5ee IRR Project X 1 Project X2 Acceptable? % 'Yos % Yes