Post Utme Nile University 2023 Commerce Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Nile University Commerce examination.

Post Utme Nile University 2023 Commerce Objective / Multiple Choice
Question 28 POST_UTME_NILE_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦100,000 and a payback period of 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

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

About This Question

This is Post Utme Nile University 2023 Commerce Question 28. It is one of the objective questions from the 2023 Post Utme Nile University Commerce examination.

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