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Requlred Informetlon The following information applies to the questions displayed below Park Co. is considering an investment that requires immediate payment of $26,120 and provides
Requlred Informetlon The following information applies to the questions displayed below Park Co. is considering an investment that requires immediate payment of $26,120 and provides expected cash inflows of $8,600 annually for four years. Park Co. requires a 10% return on its investments 1-a. what is the internal rate of return? (Pyof$1. EV0fSJ PVAof$1, and EVAOfSD (use appropriate factor(s) from the tables provlded. Round your present value factor to 4 declmals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? O Yes O No
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