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QS 24-23 (Algo) Internal rate of return LO P4 Perez Company is considering an Investment of $29,160 that provides net cash flows of $9,200

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QS 24-23 (Algo) Internal rate of return LO P4 Perez Company is considering an Investment of $29,160 that provides net cash flows of $9,200 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 A Required B What is the internal rate of return of this investment? Present value factor Internal rate of return % < Required A Required B >

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