Post Utme Coal City University 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering investing in a new project. The project has a required rate of return of 12% and a present value of ₦10,000. What is the present value of the project if the required rate of return is increased to 15%?

Answer Options

Correct Answer A. ₦8,333
B. ₦10,000
C. ₦11,667
D. ₦12,500
Correct Answer
A
Correct Option:
₦8,333

About This Question

This is Post Utme Coal City University 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Coal City University Commerce examination.

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