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Exercise 25-13A Internal rate of return LO P4 ris information on two alternative investments being considered by Tiger Co. The company requires a 4% return

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Exercise 25-13A Internal rate of return LO P4 ris information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its investments. Project x2 $ (100,000) (160,000) Project x1 75,000 65,000 55,000 35,000 45,500 70,500 Compute the internal rate of return for each of the projects using excel functions and based on internal rate of return, indicate whethe each project is acceptable. (Round your answers to 2 decimal places.) Project X2

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