Post Utme Unn 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Unn Commerce examination.

Post Utme Unn 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UNN • 2023 • COMMERCE • objective

A company is considering a new product line that will require an initial investment of ₦2,000,000. The product is expected to generate ₦500,000 in profit per year for the next 5 years, and then the product will be discontinued. What is the net present value of the investment?

Answer Options

Correct Answer A. ₦1,250,000
B. ₦1,500,000
C. ₦1,750,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,250,000

About This Question

This is Post Utme Unn 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Unn Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support