Post Utme Rhema University 2017 Commerce Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 7 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A company is considering the introduction of a new product line. The product line requires an initial investment of ₦10 million and is expected to generate revenue of ₦5 million per annum for 5 years. What is the net present value of the product line?

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Rhema University 2017 Commerce Question 7. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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