Post Utme Aaua 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Aaua Commerce examination.

Post Utme Aaua 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_AAUA • 2024 • COMMERCE • objective

A company is considering launching a new product in a foreign market. The company has estimated that the product will generate annual sales of ₦5 million for the next 3 years. If the company's cost of capital is 12%, what is the present value of the expected cash flows?

Answer Options

A. ₦12,000,000
Correct Answer B. ₦15,000,000
C. ₦18,000,000
D. ₦20,000,000
Correct Answer
B
Correct Option:
₦15,000,000

About This Question

This is Post Utme Aaua 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Aaua Commerce examination.

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