Post Utme Unilag 2019 General Studies Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Unilag General Studies examination.

Post Utme Unilag 2019 General Studies Objective / Multiple Choice
Question 23 POST_UTME_UNILAG • 2019 • 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 Unilag 2019 General Studies Question 23. It is one of the objective questions from the 2019 Post Utme Unilag General Studies examination.

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