Year o Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 -4964030.34 466657.49 485391.10 504499.38 523989.83 293870.09 564147.95 434831.37 605928.45 627447.48 82 After arranging for the loan, FGS realizes that they want to bring in a money partner (i.e. a limited partner) to provide the bulk of the equity financing. FGS finds an equity fund (DarkPebble Equity) that will put in 90% of the needed equity. FGS will put in 10% of the equity. Here is the structure of the equity waterfall: Tier 1 - Pari Passu until the LP has achieved a 7% IRR. Tier 2 - 15% to FGS and 85% to DarkPebble until LP achieves a 10% IRR Tier 3 - 25% to FGS and 75% to DarkPebble until LP achieves a 12% IRR Tier 4 - 50% to FGS thereafter. Note: You will have to add a new tier to the model to make it work 17. What is the IRR for FGS? Please answer with two decimal places with positive values only. Enter the percentage as you would with the % symbol, such as 17.50 for 17.50%