Post Utme Coal City University 2017 General Studies Question 37
Practice objective / multiple choice question 37 from the 2017 Post Utme Coal City University General Studies examination.
A company is considering investing in a new project that has a 10-year lifespan. The project's expected cash flows are as follows: Year 1 = ₦100m, Year 2 = ₦120m, Year 3 = ₦150m, Year 4 = ₦180m, Year 5 = ₦200m, Year 6 = ₦220m, Year 7 = ₦250m, Year 8 = ₦280m, Year 9 = ₦300m, Year 10 = ₦320m. What is the internal rate of return (IRR) of the project?
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About This Question
This is Post Utme Coal City University 2017 General Studies Question 37. It is one of the objective questions from the 2017 Post Utme Coal City University General Studies examination.
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