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Perez Company is considering an investment of $29,480 that provides net cash flows of $9,100 annually for four years. {a} What is the internal rate
Perez Company is considering an investment of $29,480 that provides net cash flows of $9,100 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 8%. 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 :3 Required El What is the internal rate of return of this investment? Present value factor Internal rate of return cit. Required El )
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