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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

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 $255,418.00 but wants $2.00 per unit sold. The entrepreneur expects to sell 24,839.00 units per year each year going forward in perpetuity. What is the IRR for the investor?

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