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 $285,286.00 but wants $3.00 per unit sold. The entrepreneur expects to sell 25,528.00 units per year each year going forward in perpetuity. What is the IRR for the investor?

Answer rating: 100% (QA)

Given Initial investment I 28528600 Royalty per uni... View the full answer