Post Utme Caleb University 2025 Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2025 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CALEB_UNIVERSITY • 2025 • ACCOUNTING • objective

The government of a country issues a 10-year bond with a face value of ₦100,000,000. The bond is issued at a discount of 5%. Calculate the amount received by the government.

Answer Options

Correct Answer A. ₦95,000,000
B. ₦95,500,000
C. ₦96,000,000
D. ₦96,500,000
Correct Answer
A
Correct Option:
₦95,000,000

About This Question

This is Post Utme Caleb University 2025 Accounting Question 18. It is one of the objective questions from the 2025 Post Utme Caleb University Accounting examination.

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