Following is information on two alternative investments being considered by Tiger Co. The company requires a 5% return from its nvestments Project xi $(122,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Project x2 $(204,000) 91,500 81,500 71,500 46,000 56,500 81,500 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 % %