Post Utme Ims U 2021 General Studies Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Ims U General Studies examination.

Post Utme Ims U 2021 General Studies Objective / Multiple Choice
Question 38 POST_UTME_IMS_U • 2021 • 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%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Ims U 2021 General Studies Question 38. It is one of the objective questions from the 2021 Post Utme Ims U General Studies 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