Post Utme Uniport 2022 Economics Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Uniport Economics examination.

Post Utme Uniport 2022 Economics Objective / Multiple Choice

Question 3 POST_UTME_UNIPORT • 2022 • ECONOMICS • objective

A firm is considering a project with a net present value (NPV) of ₦1.2 million. If the \cost of capital is 10%, what is the internal rate of return (IRR) of the project?

Answer Options

Correct Answer A. 12%

B. 15%

C. 18%

D. 20%

Correct Answer

Correct Option:

12%

About This Question

This is Post Utme Uniport 2022 Economics Question 3. It is one of the objective questions from the 2022 Post Utme Uniport Economics examination.

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