Post Utme Skyline University 2020 Commerce Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2020 Commerce Objective / Multiple Choice
Question 37 POST_UTME_SKYLINE_UNIVERSITY • 2020 • COMMERCE • 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 ₦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. ₦22,500
B. ₦25,000
C. ₦27,500
D. ₦30,000
Correct Answer
A
Correct Option:
₦22,500

About This Question

This is Post Utme Skyline University 2020 Commerce Question 37. It is one of the objective questions from the 2020 Post Utme Skyline University Commerce examination.

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