#5 unanswered A real estate investor likes to "flip" houses. That is, he likes to buy a house at a low price and then "flip" or sell the house for a higher price. The investor is looking at a foreclosed house that will cost $238,796.00 today. He will invest an additional $47,096.00 in the first year of owning the house to upgrade its features. He then believes he can sell the house for $404,219.00 at the end of the second year. not_submitted Attempts Remaining: Infinity What is the IRR of this investment? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #6 C An investor on the "Shark Tank" has offered an entrepreneur a deal with his company. Part of the deal is the investor wants a royalty on his investment. The investor will "lend" the entrepreneur $288,724.00 but wants $2.00 per unit sold. The entrepreneur expects to sell 21,638.00 units per year each year going forward in perpetuity. What is the IRR for the investor? unanswered not submitted Attempts Remaining: Infinity Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))