Following is information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its 97 , saa 60, saa 87 , saa 77 , saa investments. Initial investment Expected net cash flows in: Year I Year 2 Year 3 Project XI $ (130, eaa) 50, eaa 85 , saa Project X2 $ (220, eaa) 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 ? Project Xl Project X2