Following is information on two alternative investments being considered by Tiger Co. The company requires a...

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Finance

Following is information on two alternative investments beingconsidered by Tiger Co. The company requires a 7% return from itsinvestments.
Project X1 Project X2
Initialinvestment $ (106,000 ) $ (172,000 )
Expected netcash flows in year:
1 38,000 79,500
2 48,500 69,500
3 73,500 59,500
Compute the internal rate of return for each of the projectsusing Excel functions. Based on internal rate of return, indicatewhether each project is acceptable. (Round your answers to2 decimal places.)
IRR Acceptable?
Project X1 %
Project X2 %
IRR Acceptable?
Project X1 %
Project X2 %

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Following is information on two alternative investments beingconsidered by Tiger Co. The company requires a 7% return from itsinvestments.Project X1Project X2Initialinvestment$(106,000)$(172,000)Expected netcash flows in year:138,00079,500248,50069,500373,50059,500Compute the internal rate of return for each of the projectsusing Excel functions. Based on internal rate of return, indicatewhether each project is acceptable. (Round your answers to2 decimal places.)IRRAcceptable?Project X1%Project X2%IRRAcceptable?Project X1%Project X2%

Project X1				Project X2
Initialinvestment	$	(106,000	)		$	(172,000	)
Expected netcash flows in year:
1		38,000				79,500
2		48,500				69,500
3		73,500				59,500