Post Utme Eksu 2022 Commerce Question 25
Practice objective / multiple choice question 25 from the 2022 Post Utme Eksu Commerce examination.
A company's sole trader is considering the introduction of a new product line. The product requires an initial investment of ₦2.5 million and has a projected annual profit of ₦1.2 million. If the company's cost of capital is 12%, what is the expected rate of return on investment (ROI)?
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About This Question
This is Post Utme Eksu 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Eksu Commerce examination.
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