Post Utme Rhema University 2023 Geography Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Rhema University Geography examination.

Post Utme Rhema University 2023 Geography Objective / Multiple Choice
Question 22 POST_UTME_RHEMA_UNIVERSITY • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦1.5 million and is expected to generate a profit of ₦2.5 million per year for 5 years. What is the net present value (NPV) of the project, assuming a discount rate of 10%?

Answer Options

Correct Answer A. ₦1,250,000
B. ₦1,500,000
C. ₦1,750,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,250,000

About This Question

This is Post Utme Rhema University 2023 Geography Question 22. It is one of the objective questions from the 2023 Post Utme Rhema University Geography examination.

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