Post Utme Skyline University 2023 General Studies Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Skyline University General Studies examination.

Post Utme Skyline University 2023 General Studies Objective / Multiple Choice
Question 18 POST_UTME_SKYLINE_UNIVERSITY • 2023 • 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 cost of ₦1,200,000. What is the internal rate of return (IRR) of the 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 Skyline University 2023 General Studies Question 18. It is one of the objective questions from the 2023 Post Utme Skyline University General Studies examination.

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