Post Utme Summit University 2023 General Studies Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Summit University General Studies examination.

Post Utme Summit University 2023 General Studies Objective / Multiple Choice
Question 24 POST_UTME_SUMMIT_UNIVERSITY • 2023 • GENERAL STUDIES • objective

A company is considering investing in a new project. The project 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?

Answer Options

Correct Answer A. ₦15 million
B. ₦20 million
C. ₦25 million
D. ₦30 million
Correct Answer
A
Correct Option:
₦15 million

About This Question

This is Post Utme Summit University 2023 General Studies Question 24. It is one of the objective questions from the 2023 Post Utme Summit University General Studies examination.

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