Ivanhoe, Inc., a resort management company, is refurbishing one of its hotels at a cost of $4,894,163 Management expects that this will lead to additional cash flows of $1,130,000 for the next six years What is the IRR of this project? If the appropriate cost of capital is 12 percent, should Ivanhoe go ahead with this project? (Round answer to 2 decimal places, eg, 5.25%.) The IRR of this project is The firm should Click if you would like to Show Work for this question: the project Open Show Work