Post Utme Joseph Ayo Babalola University 2021 Geography Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

Post Utme Joseph Ayo Babalola University 2021 Geography Objective / Multiple Choice
Question 27 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦10 million and will generate an annual profit of ₦5 million for the next 5 years. If the company's cost of capital is 10% per annum, what is the present value of the project?

Answer Options

Correct Answer A. ₦8,333,333
B. ₦10,000,000
C. ₦11,666,667
D. ₦12,500,000
Correct Answer
A
Correct Option:
₦8,333,333

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Geography Question 27. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

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