Post Utme Noun 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_NOUN • 2018 • COMMERCE • objective

A firm's cost of capital is 10% per annum. If it invests in a project with a 12% return, what is the expected increase in the firm's wealth?

Answer Options

Correct Answer A. 2%
B. 5%
C. 8%
D. 10%
Correct Answer
A
Correct Option:
2%

About This Question

This is Post Utme Noun 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Noun Commerce examination.

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