Time Left:1:03:58 Max Teyral: Attempt 1 taxable event Question 14 (1 point) Listen An investor looks at a single family home on Sunset Drive as an investment at a purchase price of $218000. The NOI is not expected to grow during the 3 year ownership period, remaining at $8.970 a year. The debt service is $8,108, acquisition cash $11,500, and proceeds from sale $12,400. What is the IRR for this investment? (enter as a percentage to 2 decimal places, do not use a % sign) Your Answer: a