"The financial management is generally concerned with procurement, allocation and control of financial resources of a concern." Highlight the objectives of financial management.

b) A project has a cost of Ksh. 1 million and it is expected to generate cash flows of Kshs.360, 000 each year for 4 years. The firms cost of capital is 16%. Required:
Calculate the project's IRR

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Solution The main objectives of financial management are 1 Wealth maximization This is th... View the full answer