A company raised $$1$ million in one year convertible debt from an angel fund. The debt had an up$-$front fee of $1\mathrm{.}50\%$ and an annual accrued interest rate of $8\%.$ The conversion discount was $13\%.$

What is the IRR of the debt? Express your answer in percentage terms to one decimal place e$.$g$.14\mathrm{.}5\%$ should be expressed as $14\mathrm{.}5$

Answer: $26\mathrm{.}0$