Post Utme Osustech 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Osustech Commerce examination.

Post Utme Osustech 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_OSUSTECH • 2023 • COMMERCE • objective

A firm is considering two investment projects: Project A and Project B. Project A has a net present value (NPV) of ₦1000, and Project B has an NPV of ₦1200. If the firm's cost of capital is 10%, what is the internal rate of return (IRR) of the firm?

Answer Options

A. 10%
Correct Answer B. 12%
C. 15%
D. 18%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Osustech 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Osustech Commerce examination.

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