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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 $29,160 and provides expected cash inflows of $9,600 annually for four years. If Park Co. requires a 8% return on its investments. QS 25-3 Internal rate of return LO P4 1-0. 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.) Answer is complete but not entirely correct. Present value factor Intemal rate of return 3.0375 X 12% 1-b. Based on its internal rate of return, should Park Co make the investment? Yes No