Post Utme Crawford University 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_CRAWFORD_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering investing in a new production facility. The facility will require an initial investment of ₦500 million and will generate annual profits of ₦150 million. What is the internal rate of return (IRR) on this investment?

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 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Crawford University Commerce examination.

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