Post Utme Igbinedion University 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • COMMERCE • objective

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

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Igbinedion University 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Igbinedion University Commerce examination.

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