Post Utme Unilag 2025 Geography Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Unilag Geography examination.

Post Utme Unilag 2025 Geography Objective / Multiple Choice
Question 19 POST_UTME_UNILAG • 2025 • GEOGRAPHY • objective

A company is considering investing in a new project that requires an initial investment of ₦5 million and is expected to generate a profit of ₦1.5 million per year for 3 years. If the company's cost of capital is 10% per annum, what is the internal rate of return (IRR) of the project?

Answer Options

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

About This Question

This is Post Utme Unilag 2025 Geography Question 19. It is one of the objective questions from the 2025 Post Utme Unilag Geography examination.

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