Post Utme Esut 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Esut Economics examination.

Post Utme Esut 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_ESUT • 2019 • ECONOMICS • objective

A firm is considering investing in a new project with a net present value of $1 million. If the \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 Esut 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.

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