Post Utme Nile University 2025 Commerce Question 22

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

Post Utme Nile University 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_NILE_UNIVERSITY • 2025 • COMMERCE • objective

A firm is considering investing in a new project with a net present value (NPV) of ₦1,500,000. The cost of capital is 10% per annum. What is the internal rate of return (IRR) of the project?

Answer Options

A. 12%
Correct Answer B. 15%
C. 18%
D. 20%
Correct Answer
B
Correct Option:
15%

About This Question

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

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