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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question Perez Company is considering an investment of $29,290 that provides net cash flows of $9,240 annually for four years. (a) What is the Internal rate of return of this investment? (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.) (b) The hurdle rate is 9%. Should the company invest in this project on the basis of Internal rate of return? 5 8 points 8 01:23:20 Answer is complete but not entirely correct. 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 3.1699 15 % % Required A Required B >