Post Utme Mountain Top University 2023 Geography Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Mountain Top University Geography examination.

Post Utme Mountain Top University 2023 Geography Objective / Multiple Choice
Question 27 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦1.5 million and is expected to generate a profit of ₦2.5 million per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

Correct Answer A. ₦1,250,000
B. ₦1,500,000
C. ₦1,750,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,250,000

About This Question

This is Post Utme Mountain Top University 2023 Geography Question 27. It is one of the objective questions from the 2023 Post Utme Mountain Top University Geography examination.

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