Post Utme Wellspring University 2021 General Studies Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Wellspring University General Studies examination.

Post Utme Wellspring University 2021 General Studies Objective / Multiple Choice
Question 29 POST_UTME_WELLSPRING_UNIVERSITY • 2021 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project requires an initial investment of ₦500 million and is expected to generate a return of ₦750 million per year for 5 years. What is the net present value (NPV) of the project?

Answer Options

A. ₦250 million
Correct Answer B. ₦500 million
C. ₦750 million
D. ₦1 billion
Correct Answer
B
Correct Option:
₦500 million

About This Question

This is Post Utme Wellspring University 2021 General Studies Question 29. It is one of the objective questions from the 2021 Post Utme Wellspring University General Studies examination.

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