Chapter 26 Homework, 10

Internal rate of return method for a service company Vail Resorts, Inc. (MTN), announced a $410,256 million expansion of lodging properties, ski lifts, and terrain in Park City, Utah. Assume t a. Determine the expected internal rate of return of this project for 9 years, using the present value of an annuity of $1 table above. % b. Identify the uncertainties that could reduce the internal rate of return of this project