Post Utme Oau 2025 Accounting Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 7 POST_UTME_OAU • 2025 • ACCOUNTING • objective

The government of a country issues a 5-year bond with a face value of ₦10,000,000 and an annual coupon rate of 8%. If the market rate of interest is 10%, what is the present value of the bond?

Answer Options

Correct Answer A. ₦8,000,000
B. ₦9,000,000
C. ₦10,000,000
D. ₦11,000,000
Correct Answer
A
Correct Option:
₦8,000,000

About This Question

This is Post Utme Oau 2025 Accounting Question 7. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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