Post Utme Ui 2019 Commerce Question 38
Practice objective / multiple choice question 38 from the 2019 Post Utme Ui Commerce examination.
A company is considering the introduction of a new product line. The product line is expected to generate additional revenue of ₦1.8 billion per annum, but it will also require an initial investment of ₦6.3 billion. The company's cost of capital is 12% per annum. What is the expected internal rate of return (IRR) of the new product line?
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About This Question
This is Post Utme Ui 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Ui Commerce examination.
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