Bob buys a property that costs $1,000,000. Year 1 NOI $100,000 $105,000 $110,000 2 WIN 3 The NOI from the property for years 1-3 is shown above. Bob will sell the property at the end of year 2 (based on the following year's NOI) at a cap rate that is 250 basis points lower than the cap rate at which he bought the property, What is Bob's annualized IRR for the investment in