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need help, quick problem Exercise 24-13A Internal rate of return LO P4 Following is information on two alternative Investments being considered by Tiger Co. The
need help, quick problem Exercise 24-13A Internal rate of return LO P4 Following is information on two alternative Investments being considered by Tiger Co. The company requires a 4% return from its Investments Project X1 $(110,000) Project x2 3(180,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 40,000 50,500 75,500 82,500 72,500 62,500 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 Project X 1 Project X2 Acceptable? % 'Yes % Yes
need help, quick problem
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