TALLER # 4

ACTIVOS FINANCIEROS

Kt
Pt
Pt1
Ct

tasa rendimiento
precio en el momento t
precio en el momento t1
flujo de efectivo
rendimiento
revalorizacion

Caso 1
-1.033
20000
21500
800

Caso 2
0.046
20.5
19.4
0.8

0.04
0.075
11.5%

0.039
-0.054
-1.5%

PARMETROS
Valor Nominal
B/.
1,000.00
Tasa de rendimiento
10%
Cupn
100.00
Frecuencia de pago
anual

% interes
0.1
0.08
0.12

% interes
0.1
0.08
0.12

100
90.91
100
92.59
100
89.29

100
90.91
100
92.59
100
89.29

100
82.64
100
85.73
100
79.72

100
82.64
100
85.73
100
79.72

100
75.13
100
79.38
100
71.18

A 10 aos
100
100
68.30 62.09
100
100
73.50 68.06
100
100
63.55 56.74

100
56.45
100
63.02
100
50.66

100
75.13
100
79.38
100
71.18

A 8 aos
100
100
68.30 62.09
100
100
73.50 68.06
100
100
63.55 56.74

100
56.45
100
63.02
100
50.66

A 3 aos
% interes
0.1
0.08
0.12

100
90.91
100
92.59
100
89.29

100
82.64
100
85.73
100
79.72

1100
826.45
1100
873.22
1100
782.96

VALOR DESCTADO
100
51.316
100
58.349
100
45.235

100
46.65
100
54.03
100
40.39

100
42.41
100
50.02
100
36.06

1100
424.10
1100
509.51
1100
354.17

1000.00

B/. 1,000.00

1134.20

B/. 1,134.20

887.00
VALOR DESCTADO

100
1100
51.316 513.16
100
1100
58.349 594.30
100
1100
45.235 444.27

FORMULA VA

B/. 887.00
FORMULA VA

1000.00

B/. 1,000.00

1114.93

B/. 1,114.93

900.65
VALOR DESCTADO

B/. 900.65
FORMULA VA

1000.00

B/. 1,000.00

1051.54

B/. 1,051.54

951.96

B/. 951.96

PARMETROS
TASA INTERES
12%
ALQUILER MENSUAL
ALQUILER ANUAL
42000
PERIODO AOS
10

A 10 aos
0.12

42000
37500.00

42000
42000
42000
42000
33482.14 29894.77 26691.76 23831.93

ALQUILER
AOS
TASA

3500

VP

42000
42000
42000
21278.51 18998.667 16963.10

42000
10
0.01
B/. 397,794.79

42000
42000 FORMULA VP
15145.62 13522.88 B/. 397,794.79