Post Utme Lead City University 2019 Commerce Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 32 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering two investment projects. Project X has a net present value (NPV) of ₦1,500,000 and a payback period of 5 years. Project Y has an NPV of ₦2,000,000 and a payback period of 4 years. Which project should the company choose?

Answer Options

A. Project X
Correct Answer B. Project Y
C. Both projects are equally attractive
D. Neither project is attractive
Correct Answer
B
Correct Option:
Project Y

About This Question

This is Post Utme Lead City University 2019 Commerce Question 32. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce 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