Post Utme Coal City University 2017 General Studies Question 33
Practice objective / multiple choice question 33 from the 2017 Post Utme Coal City University General Studies examination.
A company is considering investing in a new project that has a 10-year lifespan. The project's expected cash flows are as follows: Year 1 = ₦100m, Year 2 = ₦120m, Year 3 = ₦150m, Year 4 = ₦180m, Year 5 = ₦200m, Year 6 = ₦220m, Year 7 = ₦250m, Year 8 = ₦280m, Year 9 = ₦300m, Year 10 = ₦320m. What is the present value of the project's cash flows using a discount rate of 12%?
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About This Question
This is Post Utme Coal City University 2017 General Studies Question 33. It is one of the objective questions from the 2017 Post Utme Coal City University General Studies examination.
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