Post Utme Uniport 2023 Geography Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Uniport Geography examination.

Post Utme Uniport 2023 Geography Objective / Multiple Choice
Question 19 POST_UTME_UNIPORT • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project in a developing country. The project requires an initial investment of ₦500 million and is expected to generate a net present value (NPV) of ₦750 million over its 5-year lifespan. What is the payback period of the project?

Answer Options

A. 2 years
Correct Answer B. 3 years
C. 4 years
D. 5 years
Correct Answer
B
Correct Option:
3 years

About This Question

This is Post Utme Uniport 2023 Geography Question 19. It is one of the objective questions from the 2023 Post Utme Uniport Geography examination.

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