Post Utme Esut 2022 General Studies Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Esut General Studies examination.

Post Utme Esut 2022 General Studies Objective / Multiple Choice
Question 3 POST_UTME_ESUT • 2022 • GENERAL STUDIES • objective

A company is considering investing in a new project that requires an initial investment of ₦1.5 million and is expected to generate a profit of ₦2.5 million per year for 5 years. What is the net present value (NPV) of the project?

Answer Options

Correct Answer A. ₦1.2 million
B. ₦1.5 million
C. ₦1.8 million
D. ₦2.0 million
Correct Answer
A
Correct Option:
₦1.2 million

About This Question

This is Post Utme Esut 2022 General Studies Question 3. It is one of the objective questions from the 2022 Post Utme Esut General Studies examination.

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