Post Utme Covenant University 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_COVENANT_UNIVERSITY • 2024 • ECONOMICS • objective

A firm is considering two investment projects, A and B. Project A has a \cost of ₦100,000 and a return of ₦120,000, while project B has a \cost of ₦150,000 and a return of ₦180,000. If the firm has a \cost of capital of 10%, which project should it choose?

Answer Options

Correct Answer A. Project A
B. Project B
C. Both projects
D. Neither project
Correct Answer
A
Correct Option:
Project A

About This Question

This is Post Utme Covenant University 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Covenant University Economics examination.

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