Post Utme Rsu 2022 Commerce Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Rsu Commerce examination.

Post Utme Rsu 2022 Commerce Objective / Multiple Choice
Question 33 POST_UTME_RSU • 2022 • COMMERCE • objective

A firm 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 minimum required rate of return for this project?

Answer Options

A. 10%
Correct Answer B. 12%
C. 15%
D. 18%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Rsu 2022 Commerce Question 33. It is one of the objective questions from the 2022 Post Utme Rsu Commerce examination.

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