Post Utme Igbinedion University 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

A firm is considering whether to invest in a new project that has a net present value (NPV) of ₦1,500,000. If the firm's \cost of capital is 12% per annum, 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 Igbinedion University 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

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