Internal rate of return method for a service company Vail Resorts, Inc. (MTN), announced a $683,735 million expansion of lodging properties, ski lifts, and terrain in Park City, Utah. Assume that this investment is estimated to produce $157,000 million in equal annual cash flows for each of the first 6 years of the project life. a. Determine the expected internal rate of return of this project for 6 years, using the present value of an annuity of $1 table above. ow b. Identify the uncertainties that could reduce the internal rate of return of this project