Post Utme Mountain Top University 2017 Commerce Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2017 Commerce Objective / Multiple Choice
Question 10 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • COMMERCE • objective

A firm is considering investing in a new project with a payback period of 5 years. If the firm's cost of capital is 12%, what is the present value of the project's cash flows?

Answer Options

A. ₦1,000,000
B. ₦1,200,000
Correct Answer C. ₦1,500,000
D. ₦2,000,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Mountain Top University 2017 Commerce Question 10. It is one of the objective questions from the 2017 Post Utme Mountain Top University Commerce examination.

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