Perez Company is considering an investment of $$29,480$ that provides net cash flows of $$8,900$ annually for four years.

a$)$ What is the internal rate of return of this investment? $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ fror

he tables provided. Round your present value factor to $4$ decimals.$)$

b$)$ The hurdle rate is $7\%.$ Should the company invest in this project on the basis of internal rate of return?

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What is the internal rate of return of this investment?Pena Company is cons an investment of $$30,485$ that provides net cash flows of $$9,000$ annually for four years.

$($a$)$ If Pena Company requires a $6\%$ return on its investments, what is the net present value of this investment? $($PV of $$1,$ FV of $$1,$ PVA

of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round your present value factor to $4$ decimals.$)$

$($b$)$ Based on net present value, should Pena Company make this investment?

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What is the net present value of this investment?