Post Utme Al Hikmah University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 37 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 37. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

View More Post Utme Al Hikmah University 2025 Economics Questions More Post Utme Al Hikmah University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support