Penerimaan

3a. Tahun Biaya Tunai Cash Inflow

Tunai
1
650,000,000 500,000,000 150,000,000
2
650,000,000 500,000,000 150,000,000
3
650,000,000 500,000,000 150,000,000
4
650,000,000 500,000,000 150,000,000
5
650,000,000 500,000,000 150,000,000

Karena arus kas setiap tahun sama, maka

Payback period = Investasi Awal x 1 tahun
Arus Kas
= x 1 tahun
600,000,000

150,000,000

= 4 x 1 tahun
= 4 tahun

3b. Depresiasi = investasi awal / usai ekonomis

600,000,000 /
=
5
=
120,000,000

ARR = (Rata-rata Cash in flow - depresiasi)

Investasi awal
150,000,000 -
=
120,000,000
600,000,000
= 30,000,000
600,000,000
= 5.00%
3c. NPV = (Ct x PVIFA (r)(t)) – C0

= (C5 x PVIFA (10%)(5)) – 600,000,000

= (150,000,000 x 3.7908) – 600,000,000

= 568,620,000 – 600,000,000

= -31,380,000

3d. NPV dengan PVIFA 10%

NPV = (Ct x PVIFA (r)(t)) – C0

= (C5 x PVIFA (10%)(5)) – 600,000,000

= (150,000,000 x 3.7908) – 600,000,000

= 568,620,000 – 600,000,000

= -31,380,000

NPV dengan PVIFA 7%

NPV = (Ct x PVIFA (r)(t)) – C0

= (C5 x PVIFA (7%)(5)) – 600,000,000

= (150,000,000 x 4.1002) – 600,000,000

= 615,030,000 – 600,000,000

= 15,030,000

Selisih Selisih PV dengan

Selisih PV
Bunga Investasi Awal

7%
615,030,000 615,030,000
10%
568,620,000 600,000,000
3%
46,410,000 15,030,000

IRR = 7% + (15,030,000 / 46,410,000) * 3%

= 10,97%