Post Utme Achievers University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is considering a new investment project with the following cash flows: -₦1000 in year 1, ₦2000 in year 2, and ₦3000 in year 3. If the discount rate is 10%, what is the present value of the project?

Answer Options

A. ₦1000
Correct Answer B. ₦2000
C. ₦3000
D. ₦4000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Achievers University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

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