Post Utme Covenant University 2024 General Studies Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Covenant University General Studies examination.

Post Utme Covenant University 2024 General Studies Objective / Multiple Choice
Question 28 POST_UTME_COVENANT_UNIVERSITY • 2024 • GENERAL STUDIES • objective

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

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 2024 General Studies Question 28. It is one of the objective questions from the 2024 Post Utme Covenant University General Studies examination.

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