Post Utme Unilorin 2022 Commerce Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice
Question 15 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

A firm is considering investing in a new project with the following cash flows: Year 1: ₦100,000, Year 2: ₦150,000, Year 3: ₦200,000. What is the internal rate of return (IRR) of the project?

Answer Options

A. 20%
B. 25%
Correct Answer C. 30%
D. 35%
Correct Answer
C
Correct Option:
30%

About This Question

This is Post Utme Unilorin 2022 Commerce Question 15. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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