Post Utme Wellspring University 2017 General Studies Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Wellspring University General Studies examination.

Post Utme Wellspring University 2017 General Studies Objective / Multiple Choice
Question 23 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 10-year lifespan and is expected to generate a net present value (NPV) of ₦1.5 million. If the company's cost of capital is 12%, 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 Wellspring University 2017 General Studies Question 23. It is one of the objective questions from the 2017 Post Utme Wellspring University General Studies examination.

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