±³¼ö´Ô/±ÝÀ¶¿¬±¸¿ø¿¡°Ô Áú¹®Çϱâ

À繫¼³°è ¿ø·Ð p.195 MIRR ¹®Á¦ ¹®Àǵ帳´Ï´Ù.
  • °­ÀǸí : [Á¤±Ô] TVM(Time Value of Money) (2105C) | ȸÂ÷ : 6°­) Cash Flow: NPV, IRR (ÅõÀÚÀÇ»ç°áÁ¤)
  • À¯*ÈÆ
  • 2021.02.22
¼öÁ¤³»ºÎ¼öÀÍÀ² ¼À¹ü ¹®Àǵ帳´Ï´Ù.

CFP µµÀüÇÏ´Â Á÷ÀåÀÎÀÔ´Ï´Ù ¤¾¤¾

°è»ê±â ÇÑ°è·Î ¼ÕÀ¸·Î MIRR Ç®¾î¾ß ÇÏ´Â »óÅÂÀä ^^

À繫¿ø·Ð
P.195 Ç®ÀÌ´Â ÀÌÇظ¦ Çߴµ¥¿ä

TVM¿¡¼­ 7¹ø À̼®¿ì¾¾´Â »ó°¡°Ç¹°À» ¸ÅÀÔÇÏ¿©....
ÀÌ ¹®Á¦¿¡¼­ Ǭ´ë·Î (-) Çö±ÝÀ¯ÃâÀÇ ÇöÀç°¡Ä¡ / (+)Çö±ÝÀ¯ÀÔÀÇ ¹Ì·¡°¡Ä¡ Çؼ­ Ç®¾îº¸·Á°í Çϴµ¥ À߾ȵǼ­¿ä..

P.195 ¹®Á¦¿¡ Çѹø ´ëÀÔ½ÃÄѺ¸¸é
(-) NPV= -1,000,000
(+) CF0=0 C01=5,000 , 4
C02=5,000+(1,000,000 X 1.03^5) I/Y= 7% NPV= 847,047.3804

±×·¯¹Ç·Î N=5, PV= -1,000,000, FV=847,047.3804 X 1.07^5 CPT I/Y ? Çϸé
¼öÁ¤³»ºÎ¼öÀÍÀ²ÀÌÁ¤´äÀÌ ´Ù¸£°Ô ³ª¿Í¼­¿ä...

Ʋ¸° ºÎºÐÀÌ ÀÖÀ»±î¿ä ?! ¹®Àǵ帳´Ï´Ù ^^
´ñ±Û 1°³
    • ±Ý***¿ø
    • ¾È³çÇϼ¼¿ä. ÇØÄ¿½º ±ÝÀ¶¾ÆÄ«µ¥¹ÌÀÔ´Ï´Ù.

      CFP À繫¼³°è ¿ø·Ð°ú °ü·ÃµÇ¾î ¹®ÀÇÁֽŠ°Í¿¡ ´äº¯ µå¸³´Ï´Ù.

      [¹®ÀÇÁֽŠ»çÇ×]

      CFP À繫¼³°è ¿ø·Ð ±âº»¼­ p.195 ¿¹Á¦ 15 : CF Ç®ÀÌ

      [¹®ÀÇÁֽŠ»çÇ׿¡ ´ëÇÑ ´äº¯]

      ³×, µ¶ÀÚ´Ô
      Çö±ÝÀ¯ÀÔÀÇ ¹Ì·¡°¡Ä¡¸¦ °è»êÇÏ½Ç ¶§, ¹®Á¦ µð·º¼Ç¿¡ ÀÓ´ë·á ¼öÀÍÀÌ 5,000¸¸¿øÀ¸·Î Á¦½ÃµÇ¾î À־, CF¿¡ 50,000ÀÌ ¾Æ´Ñ, 5,000À» ÀÔ·ÂÇÏ¿© ¿À·ù°¡ ¹ß»ýÇϽŠ°ÍÀ¸·Î º¸ÀÔ´Ï´Ù. Çö±ÝÀ¯ÀÔÀÇ ¹Ì·¡°¡Ä¡´Â ´ÙÀ½°ú °°ÀÌ °è»êÇÕ´Ï´Ù.
      CF0 0
      C01 50,000 (4)
      C02 50,000 + (1,000,000 x 1.03^5) (1)
      I 7
      NPV CPT = 1,031,556.265
      ¿©±â¼­ÀÇ NPV °ªÀº ÇöÀç°¡Ä¡À̹ǷÎ, ¹Ì·¡°¡Ä¡·Î ȯ»êÇÏ¸é ¾Æ·¡¿Í °°½À´Ï´Ù.
      1,031,556.265 x 1.07^5 = 1,446,811.025

      µû¶ó¼­ Çö±ÝÀ¯ÃâÀÇ ÇöÀç°¡Ä¡´Â 1,000,000ÀÌ°í, Çö±ÝÀ¯ÀÔÀÇ ¹Ì·¡°¡Ä¡´Â 1,446,811.025À̹ǷΠ¼öÁ¤³»ºÎ¼öÀÍ·üÀ» ±¸ÇÏ¸é ¾Æ·¡¿Í °°½À´Ï´Ù.
      N 5, PV -1,000,000, FV 1,446,811.025, CPT I/Y = 7.667

      ±Ý¾× ´ÜÀ§¿¡ ÁÖÀÇÇϽþî ÇнÀÇϽñ⠹ٶø´Ï´Ù.

      ±Ã±ÝÇØÇϽŠ³»¿ë¿¡ ´ëÇÑ ´äº¯ÀÌ µÇ¾ú±â¸¦ ¹Ù¶ø´Ï´Ù.

      ¾ÕÀ¸·Î ´õ ÁÁÀº ±³Àç·Î ã¾ÆºË°Ú½À´Ï´Ù.

      ÇØÄ¿½º ±ÝÀ¶¾ÆÄ«µ¥¹Ì¿¡¼­ µå¸³´Ï´Ù.
      2021.02.22

    ¸ñ·ÏÀ¸·Î °¡±â