S 11-23 (Algo) Internal rate of return LO P4 Perez Company is considering an investment of $22,355 that provides net cash flows of $6,600 annually for four years. (a) What is the internal rate of return of this investment? (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from 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. 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 QS 11-23 (Algo) Internal rate of return LO P4 Perez Company is considering an investment of $22,355 that provides net cash flows of $6,600 annually for four years. (a) What is the internal rate of return of this investment? (PV of $1. EV 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 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. Required A Required B The hurdle rate is 6%. Should the company invest in this project on the basis of internal rate of return? Should the company invest in this project on the basis of internal rate of return? < Required A Required >>