Consider how McKnight Valley Stream Park Lodge could use capital budgeting to decide whether the $12,000,000 Stream Park Lodge expansion would be a good investment. Assume McKnight Valley's managers developed the following estimates concerning the expansion: (Click the icon to view the estimates.) (Click the icon to view additional information.) (Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table) What is the project's IRR? Is the investment attractive? Why or why not? The internal rate of return (IRR) of the expansion is The project is since it will eam a return than the company's 10% hurdle rate.