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Perez Company is considering an investment of $30,490 that provides net cash flows of $8,800 annually for four years. (a) What is the internal rate

image text in transcribed Perez Company is considering an investment of $30,490 that provides net cash flows of $8,800 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) frol the tables provided. Round your present value factor to 4 decimals.) (b) The hurdle rate is 5%. 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. What is the internal rate of return of this investment

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