Perez Company is considering an investment of $28,656 that provides net cash flows of $9,040 annually for four years. (a) What is the internal rate of return of this investment? (PV of $1. EV of $1. PVA of 31, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) The hurdle rate is 9%. Should the company invest in this project on the basis of internal rate of return? Complete this question by entering your answers in the tabs below. Required A Required B What is the internal rate of return of this investment? % Red A Required B > Future value factor Internal rate of return Present value factor