M 4.3-4.6
:
" 10 , 8% ?" (: FV = 2159 . !)
, , , . , 15000 . , , ? , .
. , , , . , .
1000 . 10% . , , 1000 . 10%, , 1,1 . , :
1,1 = 1000 .
, :
= 1000 . /1,1= 909,09 .
, 10% , 909,09 . , 1000 . .
, 1000 . . , , 10%, , 909,09 ., 10% . , :
1000 . = PVx1,12 = PVx1,21
:
PV = 1000 . /1,12 = 826,45 .
, 826,45 ., 10% , 1000 . .
, , , , . , , . . . , , , (discounted cashflow (DCF) analysis).
1 . , i , :
|
|
PV= | (4.3) | |
(1+i)n |
() 1 . i .
1 ., 10% , :
PV = 1/1.15=0,62092 I, I
1000 . 10%, 1000 . 620,92 .
, , . 4.2, , . , . , 1000 ., 10% , . 4.2 , 1,6105, 1000 . :
1000 ./1,6105= 620,92 .
, . 4.4, , , . 4.2. . 4-4 10% , 0,6209.
1 . :
PV= | |
(1+i)n |
i , , .
4.4. 1 .
, i
, n | 2% | 4% | 6% | 8% | 10% |
0,9804 | 0,9615 | 0,9431 | 0,9259 | 0,9091 | |
0,9612 | 0,9246 | 0,8830 | 0,8573 | 0,8264 | |
0,9423 | 0,8890 | 0,8396 | 0,793 | 0,7513 | |
0,9238 | 0,8548 | 0,7921 | 0,7350 | 0,6830 | |
0,9057 | 0,8219 | 0,7473 | 0,6806 | 0,6209 |
, , , , 1 . . , , 10% 1 . 0,9091 ., , 20 , 0,1486 .