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Following Is Information on two alternative Investments being considered by Tiger Co. The compariy requires a 5% return from RS Investments Project X1 $(82,000) Project

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Following Is Information on two alternative Investments being considered by Tiger Co. The compariy requires a 5% return from RS Investments Project X1 $(82,000) Project x2 $(124,000) Initial investment Expected net cash flows in year: 26,eee 36,see 61,see 61,500 51,5ee 2 41,see Compute the Internal rate of return for each of the projects using excel functions and 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 96

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