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Required information The following information applies to the questions displayed below. Park Co. is considering an investment that requires immediate payment of $28,065 and provides
Required information The following information applies to the questions displayed below. Park Co. is considering an investment that requires immediate payment of $28,065 and provides expected cash inflows of $8100 annually for four years. Park Co. requires a 5% return on its investments. 1-a. What is the internal rate of return? (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.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Yes O No
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