Post Utme Noun 2018 Commerce Question 15
Practice objective / multiple choice question 15 from the 2018 Post Utme Noun Commerce examination.
A consumer protection agency is considering the introduction of a new regulation to protect consumers from unfair business practices. The regulation is expected to generate ₥0.5 million in revenue in the first year, with a growth rate of 12% per annum for the next three years. What is the present value of the expected cash flows from the regulation, assuming a discount rate of 8%?
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About This Question
This is Post Utme Noun 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.
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