methods of assessing the effectiveness of investments based on discounted cash flows

PPT 1,0 МБ Бесплатная загрузка

Предварительный просмотр (5 стр.)

Прокрутите вниз 👇
1
1460368494_62100.ppt n n n n k fv k fv pv ) 1 ( 1 ) 1 ( + = + = å = - + = - + + + + + + = n t t t t t i d cf ornpv i d cf d cf d cf npv 1 0 0 2 2 1 1 ) 1 ( ) 1 ( ... ) 1 ( ) 1 ( 0 1 / ) ( i d i cf pi n t t t ú û ù ê ë é + = å = , ) 1 ( / ) 1 ( 1 1 ú û ù ê ë é + ú û ù ê ë é + = å å = = n t t t n t t t d i d cf pi 0 ) 1 ( 0 1 = - + = å = …
2
he problems of employment of the population and so on. www.arxiv.uz www.arxiv.uz in general understanding, performance is called the degree of achievement the best results with the least costs. the effectiveness of the investment project is regarded as a category, reflecting the compliance of the investment project to the objectives and interests of the participants. for different members of the project, the efficiency can be just different. financially realizable project can be at the same time ineffective for its participants. www.arxiv.uz www.arxiv.uz implementation of the investment project and the effectiveness of participation in the project should be checked using target prices, taking into account inflation when assessing the effectiveness of the project, and the currencies in which these investment projects are carried out. indicators of efficiency used in order to: - estimate benefits of the project or participation in it; - identification of the boundary conditions for effective implementation of …
3
investment project - cash receipts and payments for the implementation of the investment project, determined for the entire billing period. receipt of funds on the account of an organization called the inflow or positive cash flow. payments of cash called outflows or negative flow. the difference between the inflow and outflow of funds over a period forms the balance. the balance seen as a positive result from the project, and it is called a pure flow. www.arxiv.uz www.arxiv.uz www.arxiv.uz from investment activities: sale of assets during and after the project, the revenue from the reduction in working capital from operational activities: sales revenue, as well as other and non-operating income and, including the revenue of funds invested in additional funds from financing activities: investments of its own (equity) capital and borrowed funds: grants and subsidies, loan funds, including the issue of enterprise their own debt securities cash flow inflow outflow …
4
t as discount. www.arxiv.uz www.arxiv.uz fv = pv (1+k)n www.arxiv.uz real processes future the initial amount interest rate accretion refund an amount the reduced amount discounting refund an amount discounts rate www.arxiv.uz task # 1. the company needs to choose the most effective way of investing for 10 years. the first is the company may sell the supermarket for 500 thousand us $ and put money to the bank deposit at 15% per annum. the company may lease the supermarket for 10 years and receive annual net rental income 195 thousand us $. task # 2. select the best way of investing 120 thousand us $ on deposit for one year. the choices are: a) the bank pays 23% of income on a quarterly basis ; b) the bank pays an income of 30% every four months ; c) the bank pays 45% income twice a year ; g ) …
5
npv) - the net present value of the difference between the amount of cash flow generated by the investment project, discounted to their present value and the discounted sum of all costs required to implement this project. the method is based on two assumptions: any company seeks to maximize its value and different time period costs are unequal in value. the formula is as follows: if npv> 0, the project is acceptable, the value of the company is increased by this amount. npv = 0, the project is neither profitable nor unprofitable. npv 1, the project is acceptable. pi = 1, the project is neither profitable nor unprofitable. pi < 1, the project is not accepted, unprofitable. www.arxiv.uz www.arxiv.uz internal rate of return (irr) internal rate of return (irr)- is the value of the discount rate at which npv equals zero. there are 2 ways to find irr: - calculate …

Хотите читать дальше?

Скачайте полный файл бесплатно через Telegram.

Скачать полный файл

О "methods of assessing the effectiveness of investments based on discounted cash flows"

1460368494_62100.ppt n n n n k fv k fv pv ) 1 ( 1 ) 1 ( + = + = å = - + = - + + + + + + = n t t t t t i d cf ornpv i d cf d cf d cf npv 1 0 0 2 2 1 1 ) 1 ( ) 1 ( ... ) 1 ( ) 1 ( 0 1 / ) ( i d i cf pi n t t t ú û ù ê ë é + = å = , ) 1 ( / ) 1 ( 1 1 ú û ù ê ë é + ú û ù ê ë é + …

Формат PPT, 1,0 МБ. Чтобы скачать "methods of assessing the effectiveness of investments based on discounted cash flows", нажмите кнопку Telegram слева.

Теги: methods of assessing the effect… PPT Бесплатная загрузка Telegram