Post Utme Oau 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company issues a 10-year debenture with a face value of ₦50,000 and an annual interest rate of 12%. If the market rate of interest is 15%, what is the present value of the debenture?

Answer Options

A. ₦40,000
Correct Answer B. ₦45,000
C. ₦50,000
D. ₦55,000
Correct Answer
B
Correct Option:
₦45,000

About This Question

This is Post Utme Oau 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support