Post Utme Crawford University 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

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

Answer Options

Correct Answer A. 15%
B. 12%
C. 10%
D. 8%
Correct Answer
A
Correct Option:
15%

About This Question

This is Post Utme Crawford University 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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