Post Utme Achievers University 2024 Commerce Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2024 Commerce Objective / Multiple Choice
Question 27 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • COMMERCE • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦1,500,000. The cost of capital for the firm is 12%. What is the internal rate of return (IRR) of the project?

Answer Options

Correct Answer A. 10%
B. 12%
C. 15%
D. 18%
Correct Answer
A
Correct Option:
10%

About This Question

This is Post Utme Achievers University 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Achievers University Commerce examination.

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