Post Utme Crawford University 2017 Geography Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Crawford University Geography examination.

Post Utme Crawford University 2017 Geography Objective / Multiple Choice
Question 39 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • GEOGRAPHY • objective

A firm in the service sector is considering the installation of a new customer relationship management (CRM) system. The CRM system will require an initial investment of ₦1,000,000 and will generate an annual revenue of ₦750,000. If the firm's cost of capital is 12% per annum, what is the internal rate of return (IRR) of the CRM system?

Answer Options

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

About This Question

This is Post Utme Crawford University 2017 Geography Question 39. It is one of the objective questions from the 2017 Post Utme Crawford University Geography examination.

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