Post Utme Igbinedion University 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • COMMERCE • objective

A firm's cost of capital is 10% per annum. If it invests in a project with a net present value (NPV) of ₦120,000, what is the expected rate of return on the project?

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 Igbinedion University 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Igbinedion University Commerce examination.

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