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7 Areal estate investor likes to hip houses. That is, he likes to buy a house at a low price and then p or sell

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7 Areal estate investor likes to "hip houses. That is, he likes to buy a house at a low price and then "p" or sell the house for a higher price. The investor is looking at a foreclosed house that will cost $239,944 00 today He will invest an additional $41,728.00 in the first year of owning the house to upgrade its features He then believes he can sell the house for $108,738 00 at the end of the second year What is the IRR of this investment? Submit Answer format: Percentage Round to 2 decimal places (Example: 9.24%, % sign required Will accept decimal format rounded to decimal places (ex 0 0920))

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