Post Utme Crawford University 2022 Commerce Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 9 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

A firm is considering investing in a new project that has a payback period of 3 years. The firm's cost of capital is 10% per annum. What is the net present value (NPV) of the project?

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,000,000
C. ₦500,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Crawford University 2022 Commerce Question 9. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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