2011мְƿԡĿ
Ͷʹ
֪ʶʮָĺ塢㷽صp
һʵȷ
| ȷ | ö | |
| 1 | ͶĿҵǵͶĿȨʱҪ | ʽԴһĿ |
| 2 | ͶĿҵǵͶĿļȨƽʽɱ | 뱸ҵ |
| 3 | Ͷʻɱ | ѾͶʽĿ |
| 4 | չһҵܲŶڷҵʽ | ͶĿIJоͽĿеľֵ;ֵָ |
| 5 | Ϊȷ | βԷڲָ |
ʾ
1.ʹõʣĻַȷ
2.ڲʹõʣȷ⣺
1ҵдδƱʹõƱʸһýߣʺʣҲҪʹáʡ
2ȷʱҪͶʷأΪˮƽӳʱֵϢʻͨǷأ
3ʲӦҲܸݵͶĿʽɱ
ָĻ
| ָ | 弰 | ߱ | ŵ | ȱ |
| ֵ | 꾻ֵֽĴ |
NPV0У |
1ʱֵ 2˼ȫľֽ 3Ͷʷ |
1ӱǶֱӷӳĿʵˮƽ 2̱ȽϷ |
| ֵ | ֵԭʼͶֵܺ͵ı |
NPVR0У | 1ԱطӳʽͶ뾻֮Ĺϵ 2̽ϼ |
ֱӷӳĿʵ |
| ڲ |
ĿͶʵʿﵽʣǾֵ0ʱ |
IRRݻʻʽɱУ | 1ԴӱĽǶֱӷӳͶĿʵˮƽ 2ܻʸߵ͵Ӱ죬ȽϿ |
1㸴ӣ 2ӪڴͶʱֶܳIRRƫƫͣȱʵ |
ʾ
1.ֵڲָ궼ͨ뺯㣬ַͨʵֵģ˶˽⼴ɡ
2.ȫͶʾڽһͶ룬Ϊ㣬Ͷÿľֽȣ̬Ͷʻڵڰڲʼֵϵ
3.ָ֮Ĺϵ
ֵֵʺڲָ֮ͬ䶯ϵ
ֵ0ʱֵʣ0ڲʣʣ
ֵ0ʱֵʣ0ڲʣʣ
ֵ0ʱֵʣ0ڲʣʡ
4.ڲ巨ԭ
ڲ巨ԭǸݱϵһ̣Ȼ̼ⷽóҪݣ磺A1ӦB1A2ӦB2֪AӦBAA1A2֮䣬գA1A/A1A2B1B/B1B2óAֵA1A2B1B2B֪ݡ
£
ݣA1A/A1A2B1B/B1B2֪
A1AB1B/B1B2×A1A2
AA1B1B/B1B2×A1A2
A1B1B/B1B2×A2A1
·ѡ⡿֪ijͶĿĿ8꣬ʽڽһͶ룬Ϊ0ͶÿֽȣԤƸĿڵľ̬Ͷʻ2.5꣬ڲȷֵϵǣ
A. 3.2
B. 5.5
C. 2.5
D. 4
𰸡C
̬ͶʻڣԭʼͶʶ/Ӫÿȵľֽ2.5Ӫÿȵľֽ×P/AIRR8ԭʼͶʶ0P/AIRR8ԭʼͶʶ/Ӫÿȵľֽ2.5
·ѡ⡿ijͶĿ趨Ϊ10%ͶʾڽڣԭʼͶֵΪ100ԪͶ꾻ֵֽ֮Ϊ150ԪиѡȷУ
A.ֵΪ50Ԫ
B.ֵΪ50%
C.ڲС10%
D.ڲʴ10%
𰸡ABD
ֵ15010050Ԫֵʣ50/100×100%50%ھֵ0ڲʴ趨10%
Դ༭Ƽ
