Post Utme Bsu 2020 General Studies Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Bsu General Studies examination.

Post Utme Bsu 2020 General Studies Objective / Multiple Choice
Question 22 POST_UTME_BSU • 2020 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project requires an initial investment of ₦1.5 billion and is expected to generate a profit of ₦2.5 billion per year for 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

A. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Bsu 2020 General Studies Question 22. It is one of the objective questions from the 2020 Post Utme Bsu General Studies examination.

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