, , :
1) (, , V);
2) LC (liquidate cost- );
3) ; .
, ,
. (5.1)
t
SA=At, (5.2)
, , ( ) FV
FV=P-SA=P-(P-LC) . (5.3)
t T : . FV t.
5.1. $100 000. 6 . $ 10 000. 3,5 . ?
PV = $100000
LC = $10000
T = 6
t=3,5
FV=?
SA=A t=15 0003,5=$52 500
3.
FV=P-SA=100 000-52 500=$47 500
.
. , LC=0 SA=P. , . NA=1/T, .
,
N | |
( ) | 25% |
8,3% | |
14,3% |
( ), , , 1: (1: ).
A=PVNA. (5.4)
5.2. $50 000. 5 3 ?
|
PV=$50 000
NA=8,3%=0,083
T=5,25
FV=?
, . , .
|
|
|
PV=$80 000
NA=25%=0,25
t=2 .
SA=?