Post Utme Nile University 2025 General Studies Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Nile University General Studies examination.

Post Utme Nile University 2025 General Studies Objective / Multiple Choice
Question 24 POST_UTME_NILE_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a 5-year lifespan. The project has a initial investment of ₦5 million and is expected to generate a profit of ₦1 million per year. 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 Nile University 2025 General Studies Question 24. It is one of the objective questions from the 2025 Post Utme Nile University 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