Following is information on two alternative investments being considered by Tiger Co. The company requires a 5% return from its investments. Project X1 Project X2 (92,000) 144,000 Initial investment Expected net cash flows in year: 31,000 41,500 66,500 69,000 59,000 49,000 2 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