Exercise 24-13A Internal rate of return LO P4 Following is Information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its investments, Initial investment Expected net cash flows in year Project x1 $(80,000) Project x2 ${120,000) 25,000 35,500 60,500 60,000 50,000 40.000 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? Project X1 Project X2 X X