Post Utme Mountain Top University 2024 Commerce Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2024 Commerce Objective / Multiple Choice
Question 23 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • COMMERCE • objective

A firm is considering investing in a new project. The project has an initial investment of ₦50,000 and is expected to generate a cash inflow of ₦20,000 per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Mountain Top University 2024 Commerce Question 23. It is one of the objective questions from the 2024 Post Utme Mountain Top University Commerce examination.

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