Post Utme Covenant University 2019 General Studies Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Covenant University General Studies examination.

Post Utme Covenant University 2019 General Studies Objective / Multiple Choice
Question 13 POST_UTME_COVENANT_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project has a 10-year lifespan and requires an initial investment of ₦10 million. The expected annual return on investment is 15%. What is the net present value of the project?

Answer Options

Correct Answer A. ₦12.5 million
B. ₦15 million
C. ₦17.5 million
D. ₦20 million
Correct Answer
A
Correct Option:
₦12.5 million

About This Question

This is Post Utme Covenant University 2019 General Studies Question 13. It is one of the objective questions from the 2019 Post Utme Covenant University General Studies examination.

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