Post Utme Achievers University 2021 Commerce Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2021 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering investing in a new project that has a net present value (NPV) of ₦1,000,000. If the company's cost of capital is 10%, what is the present value of the project?

Answer Options

Correct Answer A. ₦900,000
B. ₦1,000,000
C. ₦1,100,000
D. ₦1,200,000
Correct Answer
A
Correct Option:
₦900,000

About This Question

This is Post Utme Achievers University 2021 Commerce Question 24. It is one of the objective questions from the 2021 Post Utme Achievers University Commerce examination.

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