Post Utme Ui 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Ui Commerce examination.

Post Utme Ui 2024 Commerce Objective / Multiple Choice
Question 12 POST_UTME_UI • 2024 • COMMERCE • objective

A company is considering investing in a new project with an initial investment of ₦1,500,000 and expected annual cash flows of ₦500,000 for 5 years. What is the net present value (NPV) of the project using a discount rate of 10%?

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,500,000
C. ₦1,800,000
D. ₦2,100,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Ui 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Ui Commerce examination.

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