Post Utme Redeemers University 2020 General Studies Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Redeemers University General Studies examination.

Post Utme Redeemers University 2020 General Studies Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • GENERAL STUDIES • objective

A firm is considering investing in a new project. The project has a net present value (NPV) of ₦10,000 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 Redeemers University 2020 General Studies Question 4. It is one of the objective questions from the 2020 Post Utme Redeemers University General Studies examination.

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