Post Utme Covenant University 2021 Geography Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Covenant University Geography examination.

Post Utme Covenant University 2021 Geography Objective / Multiple Choice
Question 15 POST_UTME_COVENANT_UNIVERSITY • 2021 • GEOGRAPHY • objective

A company is considering investing in a new wind farm. The wind farm will generate an annual profit of ₦150 million and will require an initial investment of ₦1 billion. What is the internal rate of return (IRR) of the investment?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Covenant University 2021 Geography Question 15. It is one of the objective questions from the 2021 Post Utme Covenant University Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support