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 $297,214.00 but wants $2.00 per unit sold. The entrepreneur expects to sell 25,966.00 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: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))