Following is information on two alternative investments being considered by Tiger Co. The company requires a 8% return from its investments Project X2 $(176,eee Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Project x1 $(188,000) 39, eee 49, see 74,500 81,eee 71,00 61,000 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? %6 Project x1 Project X2 %