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Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Park Co. is considering an investment that

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Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $27,000 and provides expected cash inflows of $9,000 annually for four years. Park Co. requires a 10% return on its investments. QS 24-3 Internal rate of return LO P4 1-a. What is the internal rate of return? (PV of $1. EV. S1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Present value factor Internal rate of return Between 1 and 2% Between 2% and 3% Between 3% and 4% Between 4% and 5%

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