question 10 1a

Required information The following information applies to the questions displayed below.) Park Co is considering an investment that requires immediate payment of $20,957 and provides expected cash inflows of $6,900 annually for four years. Assume Park Co. requires a 9% return on its investments. 1-a. What is the internal rate of return? (PV of St. FV of St. PVA of S1, and FVA of $1] (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Complete this question by entering your answers in the tabs below. Required 1 Required 10 What is the internal rate of return? Required 10 >