Post Utme Ksu 2024 Commerce Question 19
Practice objective / multiple choice question 19 from the 2024 Post Utme Ksu Commerce examination.
A company is considering investing in a new project that involves the production of a new product. The company has estimated the initial investment required for the project to be ₦10 million. The company expects to generate revenue of ₦5 million per year for the next 10 years. What is the internal rate of return (IRR) of the project?
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About This Question
This is Post Utme Ksu 2024 Commerce Question 19. It is one of the objective questions from the 2024 Post Utme Ksu Commerce examination.
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