Post Utme Veritas University 2022 General Studies Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Veritas University General Studies examination.

Post Utme Veritas University 2022 General Studies Objective / Multiple Choice
Question 7 POST_UTME_VERITAS_UNIVERSITY • 2022 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project requires an initial investment of ₦100 million and is expected to generate a profit of ₦20 million per year for 5 years. What is the net present value of the project?

Answer Options

A. ₦50 million
Correct Answer B. ₦75 million
C. ₦100 million
D. ₦125 million
Correct Answer
B
Correct Option:
₦75 million

About This Question

This is Post Utme Veritas University 2022 General Studies Question 7. It is one of the objective questions from the 2022 Post Utme Veritas University General Studies examination.

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