A real estate investor likes to "hip houses That is, he likes to buy a house at a low price and then "flip" or sell the house for a higher price. The investor is looking at a foreclosed house that will cost $231,935.00 today. He will invest an additional $45,438.00 in the first year of owning the house to upgrade its features. He then believes he can sell the house for $415,603.00 at the end of the second year What is the IRR or this investment? Submit answer format: Percentage Round to: 2 decimal places (Example 9 24%, % sign required Will accept decimal format unded to decimal places (ex 0.0924)