Post Utme Pan Atlantic University 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2021 Commerce Objective / Multiple Choice
Question 12 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • COMMERCE • objective

A firm's cost of capital is 10% per annum. If it invests in a project with a net present value of ₦1,500,000, what is the expected rate of return on the project?

Answer Options

A. 10%
Correct Answer B. 12%
C. 15%
D. 18%
Correct Answer
B
Correct Option:
12%

About This Question

This is Post Utme Pan Atlantic University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Commerce examination.

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