Post Utme Christopher University 2024 Economics Question 2
Practice objective / multiple choice question 2 from the 2024 Post Utme Christopher University Economics examination.
A firm is considering two investment projects. Project A has a net present value (NPV) of ₦1,500,000 and a payback period of 5 years. Project B has an NPV of ₦1,200,000 and a payback period of 4 years. Assuming that the \cost of capital is 10% per annum, which project should the firm choose?
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About This Question
This is Post Utme Christopher University 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Christopher University Economics examination.
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