Post Utme Coal City University 2023 General Studies Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Coal City University General Studies examination.

Post Utme Coal City University 2023 General Studies Objective / Multiple Choice
Question 34 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • GENERAL STUDIES • objective

A company is considering investing in a new project that 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. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Coal City University 2023 General Studies Question 34. It is one of the objective questions from the 2023 Post Utme Coal City University General Studies examination.

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