Post Utme Skyline University 2018 Commerce Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2018 Commerce Objective / Multiple Choice
Question 38 POST_UTME_SKYLINE_UNIVERSITY • 2018 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Skyline University 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Skyline University Commerce examination.

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