Post Utme Abu 2023 Geography Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Abu Geography examination.

Post Utme Abu 2023 Geography Objective / Multiple Choice
Question 22 POST_UTME_ABU • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project. The project has a net present value (NPV) of ₦1,500,000 and a payback period of 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Abu 2023 Geography Question 22. It is one of the objective questions from the 2023 Post Utme Abu Geography examination.

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