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Following is information on two alternative investments being considered by Tiger Co. The company requires a 8% return from its investments. Compute the internal rate

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Following is information on two alternative investments being considered by Tiger Co. The company requires a 8% return from its investments. 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.)

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