Post Utme Coal City University 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice
Question 37 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

Correct Answer A. 15%
B. 12%
C. 18%
D. 20%
Correct Answer
A
Correct Option:
15%

About This Question

This is Post Utme Coal City University 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

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