Use the following information for the Quick Study below. [The folloMng information applies to the questions displayed beiom] Park Co. is considering an Investment that requires Immediate payment of $29,470 and provides expected cash inows of $8,700 annually for four years. If Park Co. requires a 6% return on its investments. 05 25-3 Internal rate of return LO P4 1-a. What Is the internal rate of return? ME. FV of $1, PVA of $1. and FVA of $1) (Use appropriate factorial from the tables provided. Round your present value factor to 4 decimals.) 1-h. Based on its Internal rate of return. should Park Co. make the investment? 0 Yes No