Post Utme Madonna University 2018 General Studies Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Madonna University General Studies examination.

Post Utme Madonna University 2018 General Studies Objective / Multiple Choice
Question 3 POST_UTME_MADONNA_UNIVERSITY • 2018 • GENERAL STUDIES • objective

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

Answer Options

A. 8%
Correct Answer B. 10%
C. 12%
D. 15%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Madonna University 2018 General Studies Question 3. It is one of the objective questions from the 2018 Post Utme Madonna University General Studies examination.

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