2012 / 2013

122810881

2012/201313000155

2012 11 9

2008

2008
5
800 300 1 500 2
1000
1 650
600

2011 200
220 6
2000 3 65%
1000 6 4%

20 8
600 100

25% 10%

1
2
3.
4.
5.
6.
7.
1

5
5

2012/201313000155

60025%=150
2

3
800 1000 650
600

6800/20=24061000/8=750
600/6=100
0
-300

-500 -1650

3
-475

4
891.25

891.25

891.25

891.25

891.25

9
1478.75

41
NPV=-300-500*0.909-1650*0.826475*0.751+891.25*3.791*0.751+1478.75*0.424=690.2903
2.
r=15%NPV= 90.77030 r=16%NPV= -2.10620
x-0.15 /(0.16-x)=90.7703/2.1062 X=0.1598
IRR=15.98%
3.2925-891.25*3891.25=0.2819
6.2819
5 690.29 15.98%>10%

6 6 4% 14%
15.98 %