Post Utme Bsu 2019 Economics Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 7 POST_UTME_BSU • 2019 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Bsu 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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