Post Utme Mountain Top University 2021 General Studies Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Mountain Top University General Studies examination.

Post Utme Mountain Top University 2021 General Studies Objective / Multiple Choice
Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project that involves the use of renewable energy sources. The company's financial analyst has estimated that the project will generate a net present value (NPV) of ₦1.5 million over the next 5 years. What is the minimum required rate of return on investment (ROI) for the project to be considered profitable?

Answer Options

A. 10%
B. 12%
Correct Answer C. 15%
D. 18%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Mountain Top University 2021 General Studies Question 34. It is one of the objective questions from the 2021 Post Utme Mountain Top University General Studies examination.

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