Post Utme Caleb University 2025 Commerce Question 6
Practice objective / multiple choice question 6 from the 2025 Post Utme Caleb University Commerce examination.
A company is considering launching a new product line. The product's expected profit is ₦1,500,000, and the initial investment is ₦2,000,000. If the company's cost of capital is 12% per annum, what is the internal rate of return (IRR) of the project?
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This is Post Utme Caleb University 2025 Commerce Question 6. It is one of the objective questions from the 2025 Post Utme Caleb University Commerce examination.
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