Post Utme Futa 2019 Geography Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Futa Geography examination.

Post Utme Futa 2019 Geography Objective / Multiple Choice
Question 2 POST_UTME_FUTA • 2019 • GEOGRAPHY • objective

A company is considering investing in a new factory to produce solar panels. The factory will require an initial investment of ₦1.2 billion and will generate annual profits of ₦500 million. If the company's cost of capital is 10% per annum, what is the net present value (NPV) of the investment?

Answer Options

Correct Answer A. ₦1.5 billion
B. ₦1.8 billion
C. ₦2.1 billion
D. ₦2.5 billion
Correct Answer
A
Correct Option:
₦1.5 billion

About This Question

This is Post Utme Futa 2019 Geography Question 2. It is one of the objective questions from the 2019 Post Utme Futa Geography examination.

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