Post Utme Bowen University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2020 • ECONOMICS • objective

A firm is considering an investment project with a net present value (NPV) of ₦1,000,000. If the \cost of capital is 10% and the firm wants to determine the internal rate of return (IRR), what is the required IRR?

Answer Options

A. 8%
Correct Answer B. 10%
C. 12%
D. 14%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Bowen University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Bowen University Economics examination.

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