Question: Following is in ormation on two alternative mes ments being considered by Tiger Co The company requires a 7% return from its Initial investment Expected
Following is in ormation on two alternative mes ments being considered by Tiger Co The company requires a 7% return from its Initial investment Expected net cash flows in S (106,000) (172,000) 38,000 48,500 73,500 79,500 69,500 59. 500 Compute the internal rate of return for each of the projects using excel functions and based on internal rate of return, indicate whether each project is acceptable. (Round your answers to 2 decimal places.) Project X Project X2 le
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