Post Utme Skyline University 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2020 Economics Objective / Multiple Choice
Question 19 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ECONOMICS • objective

A firm is considering investing in a new project with the following cash flows: Year 0: -₦100,000, Year 1: ₦50,000, Year 2: ₦70,000, Year 3: ₦90,000. U\sing the internal rate of return (IRR) method, determine the IRR of the project.

Answer Options

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

About This Question

This is Post Utme Skyline University 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Skyline University Economics examination.

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