PREGUNTA 01: FLUJO DE CAJA

PREGUNTA 02

VAN ECONÓMICO

I0= 20, 000

i = 12 %

AÑOS FLUJOS NETOS FSA FLUJOS NETOS ACTUALIZADOS

1 9,480 0.8928571 8464.285714
2 9,200 0.7971939 7334.183673
3 14,100 0.7117802 10036.10149
n
BN 25834.57088
∑ (1+i)t n =¿
t =0
1
FSA= n
(1+ i)
1
FSA 1= 1
=0.8929
(1+ 0.12)
1
FSA 2= =0.7972
(1+ 0.12)2
1
FSA 3= =0.7118
(1+ 0.12)3
VAN = 25835.312 – I0

VAN(económico) = 25834.570 – 20000

VAN(económico) = 5834.57088

TIR ECONÓMICO

AÑOS FLUJOS NETOS FSA (90%) FLUJOS NETOS ACTUALIZADOS

1 0.5263158 9,480 4989.473684
2 0.2770083 9,200 2548.476454
3 0.1457938 14,100 2055.69325
9593.643388

1
FSA 1= 1
=¿ 0.5263158
(1+ 0.9)
1
FSA 2= 2
=¿ 0.2770083
(1+ 0.9)
1
FSA 3= 3
=0.1457938
(1+ 0.9)

VAN = 9593.643388 – 20000 = - 10406.356612

Interpolar:

I VAN

12 % 5834.57088

TIR 0

90% - 10436.356612

90−12 −10406.356612−5834.57088
=
TIR−12 0−5834.57088

78 −16240.927492
= =2.783568
TIR−12 −5834.57088
78 = 2.783568TIR-34.402821

TIR(ECONÓMICO) = 40.38 %

VAN FINANCIERO

I0= 8, 000

i = 12 %

AÑOS FLUJOS NETOS FSA FLUJOS NETOS ACTUALIZADOS

1 5015 0.8928571 4477.678571
2 4026 0.7971939 3209.502551
3 9406 0.7117802 6695.005011
 14382.18613

1
FSA= n
(1+ i)
1
FSA 1= 1
=0.8929
(1+ 0.12)
1
FSA 2= =0.7972
(1+ 0.12)2
1
FSA 3= =0.7118
(1+ 0.12)3
VAN = 14382.18613 – I0

VAN(FINACIERO) = 14382.18613 – 8000

VAN(FINANCIERO) = 6382.18613

TIR FINANCIERO

AÑOS FLUJOS NETOS FSA (90%) FLUJOS NETOS ACTUALIZADOS

1 0.5263158 5015 2639.473737
2 0.2770083 4626 1281.44
3 0.1457938 9406 1371.3364
5292.25
1
FSA 1= 1
=¿ 0.5263158
(1+ 0.9)
1
FSA 2= 2
=¿ 0.2770083
(1+ 0.9)
1
FSA 3= 3
=0.1457938
(1+ 0.9)
VAN = 5292.25 – 8000 = - 2707.75

Interpolar:

I VAN

12 % 6832.18613

TIR 0

90% - 2707.75

90−12 −2707.75−6832.18613
=
TIR−12 0−5292.25
TIR = 67.93%