Post Utme Bowen University 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is considering a new investment project with a net present value (NPV) of ₦500 million. If the firm's \cost of capital is 10%, what is the internal rate of return (IRR) of the project?

Answer Options

A. 10%
Correct Answer B. 12%
C. 15%
D. 18%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Bowen University 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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