Post Utme Ims U 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A firm is considering investing in a new project with a net present value (NPV) of ₦1,500,000. If the \cost of capital is 10%, what is the internal rate of return (IRR) of the project?

Answer Options

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

About This Question

This is Post Utme Ims U 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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