Post Utme Oau 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Oau Commerce examination.

Post Utme Oau 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_OAU • 2023 • COMMERCE • objective

A firm's cost of capital is 12% per annum. If it invests in a project with a net present value (NPV) of ₦2,000,000, what is the expected rate of return on the investment?

Answer Options

Correct Answer A. 12%
B. 15%
C. 18%
D. 20%
Correct Answer
A
Correct Option:
12%

About This Question

This is Post Utme Oau 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.

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