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NPV Microsoft Excel. - 10 , 10 . ., 80% . 4.
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NPV
³ - 12% | ||||||||||
, . . | , . . | - , . . | , . . | , . . | - , . . | () , . . | CFi, . . | PV(CFi), . . | ||
1, | ||||||||||
1, - | 7 200 | 584,26 | 175,74 | 156,91 | ||||||
6 400 | 584,26 | 271,74 | 216,63 | |||||||
5 600 | 584,26 | 367,74 | 261,75 | |||||||
4 800 | 584,26 | 463,74 | 294,72 | |||||||
4 000 | 584,26 | 559,74 | 317,61 | |||||||
3 200 | 584,26 | 655,74 | 332,22 | |||||||
2 400 | 584,26 | 751,74 | 340,05 | |||||||
1 600 | 584,26 | 847,74 | 342,39 | |||||||
584,26 | 943,74 | 340,32 | ||||||||
- | 584,26 | 1039,74 | 334,77 | |||||||
5842,6 | 6077,4 | 2937,37 | ||||||||
Inp = 3 . | 965,92 | |||||||||
NPV, . . | 1903,29 | |||||||||
10- , 6 . ., . 5.
5
NPV
, . . | , . . | () , . . | CFi, . . | PV(CFi), . . | |
1, | |||||
1, | 446,29 | 2053,71 | 1833,67 | ||
446,29 | 2053,71 | 1637,21 | |||
446,29 | 2053,71 | 1461,79 | |||
446,29 | 2053,71 | 1305,17 | |||
446,29 | 2053,71 | 1165,33 | |||
2231,45 | 10268,55 | 7403,17 | |||
NPV, . . | 1403,17 |
, , NPV. /3/ NPV:
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1) 䳿 :
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NPV() - , ;
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cpv
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NPV` , (. 6).
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, DW 5000 | 10 ( ) | ||
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NPV` | |||
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5 , DW 5000 | 10 ( ) | ||
5 , DW 5000 | 5 ( ) | ||
10 , DW 5000 | 5 ( ) | ||
10 , DW 5000 | 5 ( ) |
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(Internal Rate Of Return IRR) , NPV. IRR , (NPV) .
IRR - , . NPV, p. 10-15%, , , 10%. 10% - .
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(19)
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p2 NPV (p2) < 0.
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