:
1. (cash flow), . , , .
2. ( ).
3. , .
.
.
1. $1,000 .
: 500, 400, 300, 100, - 100, 300, 400, 600. 10%. 13.1 13.2.
13.1
() | -1,000 | ||||
-1,000 | |||||
-1,000 | -545 | -214 |
( 13.2):
13.2 .
() | -1,000 | ||||
-1,000 | |||||
-1,000 | -909 | -661 | -360 |
.
2) (NPV - ).
(Net Present Value)
, (13.1)
CFi ;
r - , .
.
1. , .
2. NPV.
3. :
: NPV , ;
: , NPV, .