Post Utme Osustech 2018 Commerce Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Osustech Commerce examination.

Post Utme Osustech 2018 Commerce Objective / Multiple Choice
Question 37 POST_UTME_OSUSTECH • 2018 • COMMERCE • objective

A firm's cost of capital is 10% per annum. If it invests ₦1,000,000 in a project with a 5-year life, what is the present value of the project's cash flows?

Answer Options

A. ₦1,000,000
B. ₦900,000
Correct Answer C. ₦950,000
D. ₦1,050,000
Correct Answer
C
Correct Option:
₦950,000

About This Question

This is Post Utme Osustech 2018 Commerce Question 37. It is one of the objective questions from the 2018 Post Utme Osustech Commerce examination.

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