Post Utme Ui 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_UI • 2021 • 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: ₦30,000. U\sing the net present value (NPV) method, calculate the minimum required rate of return (MRR) for 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 Ui 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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