Post Utme Skyline University 2023 Economics Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2023 Economics Objective / Multiple Choice
Question 4 POST_UTME_SKYLINE_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is considering investing in a new project with an initial \cost of ₦100,000 and expected returns of ₦120,000 per year. If the firm's discount rate is 10%, what is the net present value of the project?

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Skyline University 2023 Economics Question 4. It is one of the objective questions from the 2023 Post Utme Skyline University Economics examination.

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