Following is information on two alternative investments being considered by Tiger Co. The company requires a 7% return from its investments Initial investment Expected net cash flows in year: Project XI $ (86,000) Project X2 $(132,880) 28,000 38,500 63,500 38,99 64,500 54,50e 44,500 4,50 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