Post Utme Rhema University 2025 General Studies Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Rhema University General Studies examination.

Post Utme Rhema University 2025 General Studies Objective / Multiple Choice
Question 9 POST_UTME_RHEMA_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company is considering investing in a new project that requires an initial investment of ₦10 million and is expected to generate a profit of ₦5 million per year for 5 years. What is the internal rate of return (IRR) of the project?

Answer Options

A. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Rhema University 2025 General Studies Question 9. It is one of the objective questions from the 2025 Post Utme Rhema University General Studies examination.

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