EB 602B

1) , 2) :

:

:

( ) ( )

( )

()

( ) ()

. .

.

?

nn

r

C

r

C

r

CI

1...

112

210

I , , ,

;

t t (t = 1, 2, , n);

r -

nn

r

C

r

C

r

CI

1...

112

210

Ct t .

t , .

t t .

(1) (2) (3) (4) (5)

(34 )

(2)(4)

1.

35000$ 35% 10% 6.6% 2.3%

2.

10000 10 8.0 8.0 0.8

3.

30000 30 20.0 20.0 6.0

4.

25000 25 18.0 18.0 4.5

100000$ 100% 13.6%

. : 1. (IRR); 2. (NPV); 3. - ,

(profit-loss ratio); 4. ; 5. .

. 2 .

IRR

.

nnnn

r

S

r

CR

r

CR

r

CRC

11...

1122211

0

0 ;Rt t (t=0, 1, 2,

., n);Ct t ;S

;r - .

, NPV

NPV (, ) ;

Rt t (t = 0, 1, 2, , n);

Ct t (0 );

.

nnnn

k

S

k

CR

k

CR

k

CRCNPV

11...

1122211

0

- . - 1 .

. (PI) .

.

, . .

oCnr

arg

. . R

CP 0

- .

.

. .