Post Utme Madonna University 2018 Commerce Question 8
Practice objective / multiple choice question 8 from the 2018 Post Utme Madonna University Commerce examination.
A firm is considering two investment projects. Project A has a 5-year life, and Project B has a 10-year life. Both projects have the same initial investment of ₦100,000. Project A has a cash inflow of ₦20,000 per year for 5 years, while Project B has a cash inflow of ₦10,000 per year for 10 years. Which project has a higher net present value (NPV)?
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About This Question
This is Post Utme Madonna University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Madonna University Commerce examination.
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