Post Utme Abu 2019 Geography Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Abu Geography examination.

Post Utme Abu 2019 Geography Objective / Multiple Choice
Question 39 POST_UTME_ABU • 2019 • GEOGRAPHY • objective

A company is considering investing in a new project that requires an initial investment of ₦10 million and is expected to generate a profit of ₦5 million per annum for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

A. ₦2,500,000
B. ₦3,000,000
Correct Answer C. ₦4,000,000
D. ₦5,000,000
Correct Answer
C
Correct Option:
₦4,000,000

About This Question

This is Post Utme Abu 2019 Geography Question 39. It is one of the objective questions from the 2019 Post Utme Abu Geography examination.

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