Post Utme Madonna University 2021 Commerce Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2021 Commerce Objective / Multiple Choice
Question 9 POST_UTME_MADONNA_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering two investment projects. Project A has a net present value (NPV) of ₦100,000 and a payback period of 5 years. Project B has an NPV of ₦150,000 and a payback period of 3 years. Which project should the company choose?

Answer Options

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

About This Question

This is Post Utme Madonna University 2021 Commerce Question 9. It is one of the objective questions from the 2021 Post Utme Madonna University Commerce examination.

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