Post Utme Rhema University 2021 General Studies Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Rhema University General Studies examination.

Post Utme Rhema University 2021 General Studies Objective / Multiple Choice
Question 37 POST_UTME_RHEMA_UNIVERSITY • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a net present value (NPV) of ₦1,500,000. The company's cost of capital is 10% per annum. What is the internal rate of return (IRR) of the project?

Answer Options

A. 12%
Correct Answer B. 15%
C. 18%
D. 20%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Rhema University 2021 General Studies Question 37. It is one of the objective questions from the 2021 Post Utme Rhema University General Studies examination.

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