Post Utme Rhema University 2021 General Studies Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Rhema University General Studies examination.

Post Utme Rhema University 2021 General Studies Objective / Multiple Choice
Question 39 POST_UTME_RHEMA_UNIVERSITY • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a payback period of 5 years. The company's cost of capital is 10% per annum. What is the net present value (NPV) of the project?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,500,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Rhema University 2021 General Studies Question 39. It is one of the objective questions from the 2021 Post Utme Rhema University General Studies examination.

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