Post Utme Bells University 2022 Economics Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Bells University Economics examination.

Post Utme Bells University 2022 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦1.5 million and a payback period of 2 years. If the firm's \cost of capital is 10%, calculate the internal rate of return (IRR) of the project.

Answer Options

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

About This Question

This is Post Utme Bells University 2022 Economics Question 5. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support