Post Utme Redeemers University 2020 Geography Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Redeemers University Geography examination.

Post Utme Redeemers University 2020 Geography Objective / Multiple Choice
Question 34 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦10 million and will generate a profit of ₦5 million per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2020 Geography Question 34. It is one of the objective questions from the 2020 Post Utme Redeemers University Geography examination.

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