Post Utme Esut 2023 Commerce Question 32

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

Post Utme Esut 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_ESUT • 2023 • COMMERCE • objective

A company is considering investing in a new project that has a net present value (NPV) of ₦1,500,000. If the cost of capital is 10%, what is the internal rate of return (IRR) of the project?

Answer Options

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

About This Question

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

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