Post Utme Christopher University 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2025 Commerce Objective / Multiple Choice
Question 10 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦150,000 and a payback period of 3 years. If the firm's cost of capital is 12%, what is the internal rate of return (IRR) of the project?

Answer Options

A. 15%
Correct Answer B. 18%
C. 20%
D. 22%
Correct Answer
B
Correct Option:
18%

About This Question

This is Post Utme Christopher University 2025 Commerce Question 10. It is one of the objective questions from the 2025 Post Utme Christopher University Commerce examination.

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