Post Utme Greenfield University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering investing in a new project. The project has a net present value (NPV) of ₦10,000 and a payback period of 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

A. 10%
B. 15%
Correct Answer C. 20%
D. 25%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Greenfield University Commerce examination.

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