Post Utme Madonna University 2017 Geography Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Madonna University Geography examination.

Post Utme Madonna University 2017 Geography Objective / Multiple Choice
Question 39 POST_UTME_MADONNA_UNIVERSITY • 2017 • GEOGRAPHY • objective

A company is considering investing in a new mining project. The project has an estimated annual revenue of ₦1.5 billion and an estimated annual cost of ₦1.2 billion. If the company's cost of capital is 10%, what is the net present value of the project?

Answer Options

A. ₦100 million
Correct Answer B. ₦200 million
C. ₦300 million
D. ₦400 million
Correct Answer
B
Correct Option:
₦200 million

About This Question

This is Post Utme Madonna University 2017 Geography Question 39. It is one of the objective questions from the 2017 Post Utme Madonna University Geography examination.

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