Post Utme Aaua 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Aaua Economics examination.

Post Utme Aaua 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_AAUA • 2018 • ECONOMICS • objective

A firm is considering two alternative investment projects. Project A has a net present value (NPV) of ₦500,000 and a payback period of 5 years. Project B has an NPV of ₦750,000 and a payback period of 3 years. Which project should the firm choose?

Answer Options

A. Project A
Correct Answer B. Project B
C. Both projects are equally attractive
D. Neither project is attractive
Correct Answer
B
Correct Option:
Project B

About This Question

This is Post Utme Aaua 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Aaua Economics examination.

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