Post Utme Elizade University 2019 General Studies Question 23
Practice objective / multiple choice question 23 from the 2019 Post Utme Elizade University General Studies examination.
A company in Nigeria is considering investing in a new project that will cost ₦500 million. The company expects to earn a profit of ₦200 million from the project, but there is a 20% chance that the project will not be profitable. What is the expected value of the project?
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About This Question
This is Post Utme Elizade University 2019 General Studies Question 23. It is one of the objective questions from the 2019 Post Utme Elizade University General Studies examination.
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