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NPV, IRR, PBP,
PI. -
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NCF = NCFi * Pi
i =1

NCF , .
NCFi i- ,
Pi i- ( %)
N
: 1+2+.....+=100%

NPV, IRR, PI

:
n

NPV = NPVi * Pi
i =1

1

:


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72000

35000
15000
42000

30%
50%
20%



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90000
45000
-15000
52500

30%
60%
10%


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2
NCF

= ( NCFi
i =1

NCF )

* Pi

2
NCF
-
NCF , .
Pi i- , %

2
NCF = NCF


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2:
1, ,



1. 42000
52500

2.
440300000
911250000
3.
20983
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5% 10%
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= 0

= 0.5
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= 2

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, Standard and Poors
500
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re = rf + (rm rf )

re
rf
rm

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8%. ,
( ) 5,5%, (.
Standard and Poors 500) 9% 1.2.
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re = 5.5% + 1.2(9% 5.5%) = 9.7%

(8%) -
(9.7%), .

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