An LBO fund purchases company A for $800,000. The LBO transaction is financed with $650,000 debt and $150,000 equity. The LBO fund pays off the debt in the first five years, and expects to receive an income of $90,000 in year 6 and $100,000 in year 7. It is estimated that the value of the company at the end of year 7 will be $900,000. Assuming a discount rate of 10%, what is the compounded annual return for this LBO transaction? Please round your answers to two decimal places