QS 24-23 (Algo) Internal rate of return LO P4 Perez Company is considering an investment of $28,115 that provides net cash flows of $8,300 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 (Use appropriate factor(s) fro 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. What is the internal rate of return of this investment? The hurdle rate is 6%. Should the company invest in this project on the basis of internal rate of return