.
, :
1. - NPV (Net Present Value)
2. - DPI (Discounted Profitability Index)
3. PI (Profitability Index)
4. -IRR (Internal Rate of Return)
5. - MIRR (Modified Internal Rate of Return)
6. - WACC (Weight Average Cost of Capital)
7. - PP (Payback Period)
8. -DPP (Discounted Playback Period)
9. GPV (Gross Present Value)
10. ARR (Accounting Rate of Return)
NPV,
- , . (). :
:
CFt t;
It - t;
r- ( );
n .
DPI,
. :
:
CFt t;
It - t;
r- ;
n .
PI,
. :
PI=NPV/I
IRR,
(IRR=r) NPV= 0 , , . . . , IRR>r ( ). IRR :
:
CFt t;
It - t;
r- ( );
n .
MIRR,
. MIRR . , MIRR >r ( )
:
CFt t;
It - t;
d ( )
r- ( );
n .
WACC, ( %)
. WACC :
WACC=Coc*Soc* Cbc *Sbc*(1-T)
:
Coc - ;
Cbc - ;
Soc - ;
Sbc - ;
T- .
PP,
. NPV IRR . :
:
()
CFt t;
I0 - ;
n .
DPP,
. DPP.
:
CFt t;
I0 ;
r- ;
n .
|
|
|
GPV,
. :
GPV=NPV + LV D
:
NPV- ;
LV- ;
D- .
ARR,
(PP). :
ARR=NP/I
:
NP- ;
I- .
24. . .
( - , , Net Present Value, NPV) - . :
= SUM m m().
m
( , ), .
- .
, ; ( ).
( - , , , Internal Rate of Return, IRR). , () , , :
|
|
|
- = 0,
- .
, = 0, - , - . , , .
. , > , . , < , .
:
- , ( ) ;
- - (. . 10);
- .
