Post Utme Al Hikmah University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is considering investing in a new project with a net present value (NPV) of ₦100,000. If the firm's \cost of capital is 10%, what is the present value of the project?

Answer Options

A. ₦100,000
Correct Answer B. ₦90,909
C. ₦100,000 / \( 1 + 0.10 \)
D. ₦100,000 / \( 1 - 0.10 \)
Correct Answer
B
Correct Option:
₦90,909

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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