Post Utme Futa 2019 General Studies Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Futa General Studies examination.

Post Utme Futa 2019 General Studies Objective / Multiple Choice
Question 33 POST_UTME_FUTA • 2019 • GENERAL STUDIES • 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. 15%
B. 20%
Correct Answer C. 25%
D. 30%
Correct Answer
C
Correct Option:
25%

About This Question

This is Post Utme Futa 2019 General Studies Question 33. It is one of the objective questions from the 2019 Post Utme Futa General Studies examination.

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