标签:公司理财资料,财务管理,
本站提供
公司理财:CapitalInvestmentDecisions免费下载,http://www.qiuzhi56.com
PPT版3公司理财:CapitalInvestmentDecisions(2)InvestmentDecisionExample1:Supposeaninvestmentthatpromisestopay$10,000inoneyearisofferedforsalefor$9,500.Yourinterestrateis5.Shouldyoubuy?Ifyouweretobepromised$10,000dueinoneyearwheninterestratesareat5-percent,yourinvestmentbeworth$9,523.81intoday’sdollars.NetPresentValueastheInvestmentCriterionIntheone-periodcase,theformulaforNPVcanbewrittenas:IfwehadnotundertakenthepositiveNPVprojectconsideredonthelastslide,andinsteadinvestedour$9,500elsewhereat5-percent,ourFVwouldbelessthanthe$10,000thatinvestmentpromisedandwewouldbeunambiguouslyworseoffinFVtermsaswell:$9,500×(1.05)=$9,975<$10,000.......,大小:182 KB