Post Utme Lasu 2019 Commerce Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Lasu Commerce examination.

Post Utme Lasu 2019 Commerce Objective / Multiple Choice
Question 8 POST_UTME_LASU • 2019 • COMMERCE • objective

A firm's cost of capital is 10%. If it invests ₦100 million in a project with a 5-year life, what is the present value of the project?

Answer Options

Correct Answer A. ₦80 million
B. ₦90 million
C. ₦95 million
D. ₦100 million
Correct Answer
A
Correct Option:
₦80 million

About This Question

This is Post Utme Lasu 2019 Commerce Question 8. It is one of the objective questions from the 2019 Post Utme Lasu Commerce examination.

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