Required information 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 $29,480 and provides expected cash inflows of $8,900 annually for four years. Park Co. requires a 7% return on its investments. QS 24-3 Internal rate of return LO P4 1-a. what is the internal rate of return? (PVofS1. EVof$1, PVAof $1, and EVAof $1) (use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Present value factor nternal rate of return 9,480.00 8.900%