Post Utme Wellspring University 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is considering investing in a new project. The initial investment is ₦100,000, and the expected cash flows are ₦20,000 in the first year, ₦30,000 in the second year, and ₦40,000 in the third year. If the discount rate is 10%, what is the net present value of the project?

Answer Options

A. ₦10,000
B. ₦20,000
Correct Answer C. ₦30,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Wellspring University 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Wellspring University Economics examination.

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