Post Utme Osustech 2019 Economics Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Osustech Economics examination.

Post Utme Osustech 2019 Economics Objective / Multiple Choice
Question 34 POST_UTME_OSUSTECH • 2019 • ECONOMICS • objective

A firm is considering a new investment project with a \cost of ₦100 million and a expected return of ₦120 million. The firm's \cost of capital is 10%. What is the net present value (NPV) of the project?

Answer Options

Correct Answer A. ₦20 million
B. ₦30 million
C. ₦40 million
D. ₦50 million
Correct Answer
A
Correct Option:
₦20 million

About This Question

This is Post Utme Osustech 2019 Economics Question 34. It is one of the objective questions from the 2019 Post Utme Osustech Economics examination.

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