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Exercise 24-13A Internal rate of return LO P4 Following is information on two alternative investments being considered by T requires a 5% return from its
Exercise 24-13A Internal rate of return LO P4 Following is information on two alternative investments being considered by T requires a 5% return from its investments. Project X1 Project X2 $ (102,000) S (164,000) Initial investment Expected net cash flows in year: 36,00076.500 66,500 71.50056.500 2 46.500 Compute the internal rate of return for each of the projects using Excel functions (Round your answers to 2 decimal places,) Project X1 Project X2
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