Post Utme Babcock University 2023 General Studies Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Babcock University General Studies examination.

Post Utme Babcock University 2023 General Studies Objective / Multiple Choice
Question 22 POST_UTME_BABCOCK_UNIVERSITY • 2023 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project requires an initial investment of ₦10 million and is expected to generate a profit of ₦5 million per year for 5 years. What is the net present value (NPV) of the project?

Answer Options

Correct Answer A. ₦15 million
B. ₦20 million
C. ₦25 million
D. ₦30 million
Correct Answer
A
Correct Option:
₦15 million

About This Question

This is Post Utme Babcock University 2023 General Studies Question 22. It is one of the objective questions from the 2023 Post Utme Babcock University General Studies examination.

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