Post Utme Ui 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 8 POST_UTME_UI • 2020 • ECONOMICS • objective

A firm is considering investing in a new project with the following cash flows: Year 1: ₦100 million, Year 2: ₦120 million, Year 3: ₦150 million. What is the present value of the project u\sing a discount rate of 10%?

Answer Options

A. ₦200 million
Correct Answer B. ₦250 million
C. ₦300 million
D. ₦350 million
Correct Answer
B
Correct Option:
₦250 million

About This Question

This is Post Utme Ui 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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