Post Utme Elizade University 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_ELIZADE_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering investing in a new project that has a payback period of 3 years. The required rate of return on the project is 15%. What is the net present value (NPV) of the project?

Answer Options

A. ₦500,000
B. ₦1,000,000
Correct Answer C. ₦1,500,000
D. ₦2,000,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Elizade University 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Elizade University Commerce examination.

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