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Question 2
Define the project appraisal method of Internal Rate or Return and discuss TWO (2) strengths and ONE (1) weakness. (10 marks)
Define => Justify /Elaborate => Examples
Define project appraisal
Explain the potential methods => IRR
Provide an example of how IRR 1s are being applied
Strength / Weakness => 1) Identify what is it, 2) explain how it affects positive/negative
impact, 3) give an example of how it could provide real business implication
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