Post Utme Skyline University 2017 Commerce Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 37 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering investing in a new project that has 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 Skyline University 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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