The entrepreneur expects to sell 2623600 units per year, Financial Management

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The entrepreneur expects to sell 2623600 units per year

An investor 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 $282,238.00 but wants $3.00 per unit sold. The entrepreneur expects to sell 26,236.00 units per year each year going forward in perpetuity. What is the IRR for the investor?

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Financial Management: The entrepreneur expects to sell 2623600 units per year

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Financial Management: The entrepreneur expects to sell 2623600 units per year

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