Post Utme Igbinedion University 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering investing in a new project with the following cash flows: Year 0: -₦100,000, Year 1: ₦50,000, Year 2: ₦75,000, Year 3: ₦100,000. What is the project's internal rate of return (IRR)?

Answer Options

A. 15%
B. 20%
Correct Answer C. 25%
D. 30%
Correct Answer
C
Correct Option:
25%

About This Question

This is Post Utme Igbinedion University 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.

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