Post Utme Afe Babalola University 2017 Geography Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Afe Babalola University Geography examination.

Post Utme Afe Babalola University 2017 Geography Objective / Multiple Choice
Question 22 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦5 million and will generate an annual profit of ₦2 million for the next 5 years. Calculate the net present value (NPV) of the project using a discount rate of 10%.

Answer Options

A. ₦8,000,000
B. ₦9,000,000
Correct Answer C. ₦10,000,000
D. ₦11,000,000
Correct Answer
C
Correct Option:
₦10,000,000

About This Question

This is Post Utme Afe Babalola University 2017 Geography Question 22. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Geography examination.

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