Post Utme Noun 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Noun Commerce examination.

Post Utme Noun 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_NOUN • 2024 • COMMERCE • objective

A company is considering investing in a new project that has a projected return on investment (ROI) of 15% per annum. If 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 Noun 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Noun Commerce examination.

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