Post Utme Bowen University 2018 General Studies Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Bowen University General Studies examination.

Post Utme Bowen University 2018 General Studies Objective / Multiple Choice
Question 27 POST_UTME_BOWEN_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project requires an initial investment of ₦1.5 billion and is expected to generate a profit of ₦2.5 billion per year for 5 years. What is the net present value of the project?

Answer Options

Correct Answer A. ₦12.5 billion
B. ₦10 billion
C. ₦15 billion
D. ₦20 billion
Correct Answer
A
Correct Option:
₦12.5 billion

About This Question

This is Post Utme Bowen University 2018 General Studies Question 27. It is one of the objective questions from the 2018 Post Utme Bowen University General Studies examination.

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