Post Utme Madonna University 2024 Geography Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Madonna University Geography examination.

Post Utme Madonna University 2024 Geography Objective / Multiple Choice
Question 20 POST_UTME_MADONNA_UNIVERSITY • 2024 • GEOGRAPHY • objective

A company is considering investing in a new industry. The industry has a high initial investment cost of ₦10 million, but it is expected to generate ₦5 million in revenue per year for 10 years. 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 Madonna University 2024 Geography Question 20. It is one of the objective questions from the 2024 Post Utme Madonna University Geography examination.

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