Post Utme Crawford University 2023 Commerce Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2023 Commerce Objective / Multiple Choice
Question 17 POST_UTME_CRAWFORD_UNIVERSITY • 2023 • COMMERCE • objective

A company is considering two investment options: Option A, which has a 10% annual return, and Option B, which has a 15% annual return. However, Option B also has a 20% chance of defaulting. What is the expected return on investment for Option B?

Answer Options

Correct Answer A. 12%
B. 15%
C. 18%
D. 20%
Correct Answer
A
Correct Option:
12%

About This Question

This is Post Utme Crawford University 2023 Commerce Question 17. It is one of the objective questions from the 2023 Post Utme Crawford University Commerce examination.

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