Post Utme Lautech 2020 Commerce Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Lautech Commerce examination.

Post Utme Lautech 2020 Commerce Objective / Multiple Choice
Question 13 POST_UTME_LAUTECH • 2020 • COMMERCE • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦500,000 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 Lautech 2020 Commerce Question 13. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.

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