Homework: Time Value of Money and CVP Analysis A... i Saved Help Save & Exit Submit 5 Check my work 5 Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 8% return from its investments. 8 Project X1 Project X2 points Initial investment $ (98, 000) $ (156, 000) Net cash flows in: Skipped Year 1 34, 000 73, 500 Year 2 14, 506 63, 500 Year 3 19, 506 53, 506 eBook 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.) Print References IRR Acceptable? Project X1 % Project X2 % Grav