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Saved Following is information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its investments Project X1 $(130,800)
Saved Following is information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its investments Project X1 $(130,800) Project X2 $(220,800) Initial investment Expected net cash flows in year: se,eee 6e,50e 85,500 97,500 87,5ee 77,500 2 3 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? % Yes Project X1 Project X2 %iYes
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