Post Utme Coal City University 2021 Commerce Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice
Question 39 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A firm is considering investing in a new project that has a payback period of 3 years. However, the firm's cost of capital is 10%. Calculate the net present value (NPV) of the project.

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Coal City University 2021 Commerce Question 39. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

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