Post Utme Skyline University 2019 General Studies Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Skyline University General Studies examination.

Post Utme Skyline University 2019 General Studies Objective / Multiple Choice
Question 3 POST_UTME_SKYLINE_UNIVERSITY • 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. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Skyline University 2019 General Studies Question 3. It is one of the objective questions from the 2019 Post Utme Skyline University General Studies examination.

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