A P Risc cc Rent

CI 25,000,000 Resurse pr. 9,000,000 14%

Credit bancar 16,000,000 9%

CMPC = 0.0504 0.0576 = 10.80%

c imp prof (t) 16%

CMPC = 0.0504 0.048384 = 9.88%

(1-t)

timp 0 1 2 3 4 5 6 7… n n→∞
FNTE 2,000,000 2,000,000 2,000,000 2,000,000

=2000000*lim Σ 1/(1+cmpc)^(i-5) 1/cmpc VR

n→∞
i=6..n

CI 25,000,000
DV 10
Ch. Amo. Anuala 2,500,000
VAMO dupa 5 ani 12,500,000
VNAmo dupa 5 ani 12,500,000 VR

timp 0 1 2 3 4 5
FNTE -25,000,000 4,000,000 8,000,000 9,000,000 6,000,000 2,000,000
VR
FNTE+VR -25,000,000 4,000,000 8,000,000 9,000,000 6,000,000 22,246,194
FNTE+VR actual. -25,000,000 3,640,388 6,626,212 6,784,308 4,116,252 13,889,739

ra cmpc 9.88%
VR 20,246,194

VAN 10,056,898

NPV 10,056,898
20,246,194