Post Utme Babcock University 2019 Commerce Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2019 Commerce Objective / Multiple Choice
Question 9 POST_UTME_BABCOCK_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering investing in a new project that has a payback period of 3 years. The cost of capital is 10% per annum. What is the net present value (NPV) of the project?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Babcock University 2019 Commerce Question 9. It is one of the objective questions from the 2019 Post Utme Babcock University Commerce examination.

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