The Expresso Roast Corporation (ERC) is considering expanding its product lines by acquiring Mellow-Man Tea. The company’s founder is obscenely wealthy and will operate these lines for only one year before retiring and will therefore use only a one-year planning horizon. Mellow-Man Tea has a cost of $80,000 and is expected to produce benefits in one year of $65,000. While this line is not as immediately profitable as the other alternative, it is estimated that this line could be sold upon the founder’s retirement in one year for $20,000. The health benefits of tea make this a less risky investment and ERC’s CFO has recommended a risk-premium of 10%. All future cash benefits will occur at the end of the year. The rate of return on US T-Bills is 4%. What is the IRR for this investment? Just enter the number and sign of your answer. Give your answer in percents (do not use the percent sign).