Post Utme Greenfield University 2021 Geography Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Greenfield University Geography examination.

Post Utme Greenfield University 2021 Geography Objective / Multiple Choice
Question 14 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • GEOGRAPHY • objective

A company is considering investing in a new project. The project requires an initial investment of ₦10 million and is expected to generate a profit of ₦5 million per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

Correct Answer A. ₦15 million
B. ₦20 million
C. ₦25 million
D. ₦30 million
Correct Answer
A
Correct Option:
₦15 million

About This Question

This is Post Utme Greenfield University 2021 Geography Question 14. It is one of the objective questions from the 2021 Post Utme Greenfield University Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support