Post Utme Pan Atlantic University 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 10 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A firm is considering investing in a new project that has a net present value (NPV) of ₦150,000. If the \cost of capital is 12% per annum, what is the internal rate of return (IRR) of the project?

Answer Options

A. 15%
Correct Answer B. 18%
C. 20%
D. 22%
Correct Answer
B
Correct Option:
18%

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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