Post Utme Futa 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Futa Economics examination.

Post Utme Futa 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_FUTA • 2018 • ECONOMICS • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦1,000,000. The firm's \cost of capital is 10%. What is the internal rate of return (IRR) of the project?

Answer Options

Correct Answer A. 10%
B. 12%
C. 15%
D. 18%
Correct Answer
A
Correct Option:
10%

About This Question

This is Post Utme Futa 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Futa Economics examination.

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