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 $$279,776\mathrm{.}00$ but wants $$2\mathrm{.}00$ per unit sold.

The entrepreneur expects to sell $24,963\mathrm{.}00$ units per year each year going forward in perpetuity. What is the IRR for the

investor?

Answer format: Percentage Round to: $2$ decimal places $($Example: $9\mathrm{.}24\%,\%$ sign required. Will accept decimal format

rounded to $4$ decimal places $($ex: $0\mathrm{.}0924))$