Post Utme Bsu 2024 Economics Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Bsu Economics examination.

Post Utme Bsu 2024 Economics Objective / Multiple Choice
Question 32 POST_UTME_BSU • 2024 • ECONOMICS • objective

A firm is considering investing in a new project with the following cash flows: Year 0: ₦100,000 (initial investment), Year 1: ₦50,000 (revenue), Year 2: ₦75,000 (revenue), Year 3: ₦0 (salvage value). 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 Bsu 2024 Economics Question 32. It is one of the objective questions from the 2024 Post Utme Bsu Economics examination.

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