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Perez Company is considering an investment of $29,290 that provides net cash flows of $9,240 annually for four years. (a) What is the internal rate

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Perez Company is considering an investment of $29,290 that provides net cash flows of $9,240 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) 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. RequiredTA Required B What is the internal rate of return of this investment? Present value factor Intemal rate of return RASA Required B Complete this question by entering your answers in the tabs below. Required A Required B The hurdle rate is 9%. Should the company invest in this project on the basis of internal rate of return? Should the company invest in this project on the basis of internal rate of return?

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