Post Utme Noun 2019 General Studies Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Noun General Studies examination.

Post Utme Noun 2019 General Studies Objective / Multiple Choice
Question 39 POST_UTME_NOUN • 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. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Noun 2019 General Studies Question 39. It is one of the objective questions from the 2019 Post Utme Noun General Studies examination.

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