Post Utme Esut 2021 Commerce Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Esut Commerce examination.

Post Utme Esut 2021 Commerce Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2021 • COMMERCE • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦1,000,000. If the firm's cost of capital is 10%, what is the internal rate of return (IRR) of the project?

Answer Options

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

About This Question

This is Post Utme Esut 2021 Commerce Question 25. It is one of the objective questions from the 2021 Post Utme Esut Commerce examination.

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