Post Utme Caleb University 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_CALEB_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦500,000. If the firm's \cost of capital is 10%, determine the internal rate of return (IRR) of the project.

Answer Options

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

About This Question

This is Post Utme Caleb University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support