IT Rate of Retum Method The Canyons Resort, a Utah si resort, announced a $940,185 expansion of lodging properties, lifts, and terrain. Assume that this investment is estimated to produce 5153,000 in qualennual cash flows for each of the first 10 years of the projecte Present Value of an Annuity of si at Compound Interest Year 104 12 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1,626 1.528 3 2.673 2.487 2.283 26106 7402 3.03 1 3,465 3.170 2,855 2.500 5 4.212 3.791 3.505 3.353 2.991 6 4.917 4 355 4.111 3.785 3326 7 5.582 4.868 4.564 4.160 3.605 B 6.210 5335 4.968 4.487 6.802 5.759 5.328 4.772 4.031 ID 6.145 5.650 5.019 4.192 Determine the expected internal rate of return of this project for 10 years, using the great value of an annuity of 51 table above. In your calculation, round the net present value factor to three decimal places