Post Utme Unilag 2025 Geography Question 20
Practice objective / multiple choice question 20 from the 2025 Post Utme Unilag Geography examination.
A firm is considering investing in a new project that requires an initial investment of ₦10 million and is expected to generate a profit of ₦2.5 million per year for 5 years. If the firm's cost of capital is 12% per annum, what is the payback period of the project?
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About This Question
This is Post Utme Unilag 2025 Geography Question 20. It is one of the objective questions from the 2025 Post Utme Unilag Geography examination.
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