Following is information on two alternative investments being considered by Tiger Co. The company requires a 6% return from its investments.

Following is information on two alternative investments being considered by Tiger Co.T investments he company requires a 6% return from, its Project x1 Project x2 (124,000) (208,000) Initial investment Expected net cash flows in year: 47,000 57,500 82,500 93,000 83,000 73,000 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 % Yes %Nes