Post Utme Rsu 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Rsu Commerce examination.

Post Utme Rsu 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_RSU • 2017 • COMMERCE • objective

A firm is considering investing in a new project with a cash flow of ₦50,000 in the first year, ₦60,000 in the second year, and ₦70,000 in the third year. The cost of capital is 12% per annum. What is the net present value (NPV) of the project?

Answer Options

A. ₦100,000
B. ₦120,000
Correct Answer C. ₦140,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦140,000

About This Question

This is Post Utme Rsu 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Rsu Commerce examination.

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