Post Utme Caleb University 2023 Economics Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2023 Economics Objective / Multiple Choice
Question 20 POST_UTME_CALEB_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦50,000. The firm's \cost of capital is 10%. What is the internal rate of return (IRR) of the project?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Caleb University 2023 Economics Question 20. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.

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