Post Utme Christopher University 2021 Commerce Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2021 Commerce Objective / Multiple Choice
Question 27 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering investing in a new project. The project has a net present value (NPV) of ₦1,000,000 and a payback period of 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Christopher University 2021 Commerce Question 27. It is one of the objective questions from the 2021 Post Utme Christopher University Commerce examination.

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