Post Utme Pan Atlantic University 2021 Commerce Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2021 Commerce Objective / Multiple Choice
Question 20 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering two investment projects: Project A, which has a 10% chance of success and a 90% chance of failure, and Project B, which has a 20% chance of success and an 80% chance of failure. If the expected return on investment for Project A is ₦100,000, and the expected return on investment for Project B is ₦120,000, then the expected return on investment for the portfolio of both projects is

Answer Options

A. ₦110,000
B. ₦120,000
Correct Answer C. ₦130,000
D. ₦140,000
Correct Answer
C
Correct Option:
₦130,000

About This Question

This is Post Utme Pan Atlantic University 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Commerce examination.

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