9:24 PM Sat Apr 20 Done < > AA ezto.mheducation.com Homework: Time Value of Money and CVP ... 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 7% return from its investments. 00 8 Project X1 points Initial investment Net cash flows in: $ (116,000) Project X2 $ (192,000) Year 1 43,000 87,000 Year 2 53,500 Year 3 78,500 77,000 67,000 eBook Print 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 References Project X1 Project X2 Mc Graw Hill Acceptable? do do % % < Prev 5 of 5 Next > LTE