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(2 points) Park City Mountain Resort, a Utah ski resort, announced a $415 million expansion of lodging properties, lifts, and terrain. Assume that this investment

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(2 points) Park City Mountain Resort, a Utah ski resort, announced a $415 million expansion of lodging properties, lifts, and terrain. Assume that this investment is estimated to produce $86 million in equal annual cash inflows for each of the first 10 years of the project life. Calculate the expected internal rate of return for this proiect

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