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Saved 11-24 Park Co. is considering an investment that requires immediate payment of $32,920 and provides expected cash inflows of $9,500 annually for four years.
Saved 11-24 Park Co. is considering an investment that requires immediate payment of $32,920 and provides expected cash inflows of $9,500 annually for four years. Assume 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? Complete this question by entering your answers in the tabs below. Required 1A Required 1B What is the internal rate of return? Required 1A Required 1B > [ 99% ) A = (m - 1) Required information Required 1A Required 1B What is the internal rate of return? % Future value factor Internal rate of return Present value factor
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