Perez Company is considering an investment of $$30\mathrm{.}485$ that provides net cash flows of $$9\mathrm{.}000$ annually for four years.

$($a$)$ What is the internal rate of return of this investment? $($PV of $$1.$ FV of $$1.$ PV$/$A 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 $6\%.$ 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?

Present value factor

Internal rate of return