Post Utme Redeemers University 2023 Geography Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Redeemers University Geography examination.

Post Utme Redeemers University 2023 Geography Objective / Multiple Choice
Question 36 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project that requires an initial investment of ₦10 million and is expected to generate a profit of ₦2 million per annum for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

A. ₦8,000,000
Correct Answer B. ₦9,000,000
C. ₦10,000,000
D. ₦11,000,000
Correct Answer
B
Correct Option:
₦9,000,000

About This Question

This is Post Utme Redeemers University 2023 Geography Question 36. It is one of the objective questions from the 2023 Post Utme Redeemers University Geography examination.

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