Post Utme Caleb University 2019 Geography Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Caleb University Geography examination.

Post Utme Caleb University 2019 Geography Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2019 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦1,000,000 and will generate a profit of ₦500,000 per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

A. ₦2,500,000
Correct Answer B. ₦3,000,000
C. ₦4,000,000
D. ₦5,000,000
Correct Answer
B
Correct Option:
₦3,000,000

About This Question

This is Post Utme Caleb University 2019 Geography Question 13. It is one of the objective questions from the 2019 Post Utme Caleb University Geography examination.

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