Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
-
Upload
pedro-mendoza -
Category
Documents
-
view
283 -
download
0
Transcript of Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
1/31
UPC
FINANZAS PARA
LAS OPERACIONESEJERCICIOS:
. Tasa Nominal
01 al 23
. Tasa
Nominal Flujo de Efectivo 24 al 44
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
2/31
1.-
Datos:
K =80,000 VF =VP (1 + t)n
n = (3*12)= 36 VF =80,000 (1+0.01666666667)36
t = (20%/12) 0.01666666667 VF = 145,050.43
2.-
Datos:
K =3,000 VF =VP (1 + t)n
n = (5*360)= 1800 VF =3,000 (1+4.444444444.x10-4)1800
t = (8%/180) = 4.444444444
x10-4VF = 6,675.436287 -3000
VF = 3,675.436287
3.-
a) Capitalizacin semestralDatos:
K =70,000 VF =VP (1 + t)n
n = 1 VF =70,000 (1+0.06)1
t = (12%/2) = 0.06 VF = 74,200
b) Capitalizacin bimestralDatos:
K =70,000 VF =VP (1 + t)n
n = 1 VF =70,000 (1+0.02)6
t = (12%/12) = 0.02 VF = 78,831.36935
c) Capitalizacin bimestralDatos:
K =70,000 VF =VP (1 + t)n
n = 6 VF =70,000 (1+0.02)6
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
3/31
t = (12%/6) = 0.02 VF = 78,831.36935
4.-
K =50,000 VF =VP (1 + t)n
n = (2.5*360)= 900 VF =50,000 (1+6.666666667 x10-4)900
t = (2%/30) = 6.66666666 x10-4 VF = 91,087.72875
5.-
K =130,000 VF =VP (1 + t)n
n = (2*12)= 24 VF =130,000 (1+2 x10-3)24
t = (2.4%/12) = 2 x10-3 VF = 136,385.6472
6.-
K =15,025
VF =VP (1 + t)n
n = 120 VF =15,025 (1+1.5 x10-4)120
t = (5.4%/360) = 1.5 x10-4 VF = 15,297.88
7.-
K =150,000
VF =VP (1 + t)n
n = (6x3 aos)= 18 VF =150,000 (1+9.333333333x10-3)18
t = (5.6%/6) = 9.333333333x10-3 VF = 177,302.29
8.-
K =50,000
VF =VP (1 + t)n
n = (4x3.5 aos)= 14 VF =50,000 (1+0.08)14
t = (32%/4) = 0.08 VF = 146,859.68
9.-
K =23,000 VF =VP (1 + t)
n
n = (2x2.5 aos)= 5 VF =23,000 (1+0.15)5
t = (30%/2) = 0.15 VF = 46,261.21531
10.-
VF =60,000
VF =VP (1 + t)n
n = (12x2 aos)= 24 60,000 =K (1+0.02)24
t = (24%/24) = 0.02 K = 60,000/1.608437249
K = ? K= 37,303.28928
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
4/31
11.-
K =3,000
VF =VP (1 + t)n
n = (4 x 3 aos)= 12 9,000 =3,000 (1+t)12
t = ! 3 = (1+t)12
VF = 9,000= 1 + t
1.095872691 = 1 +t
t = 0. 095872691 x (4)
t = 0. 3834907645 x 100
12.-
K =30,350
a)
t = (2.4%/2) = 0.012
n= (2 x 4 aos) =8
VF =VP (1 + t)n
VF =30,350 (1 + 0.012)8
VF"=33,388.95259
b)
t = (2.4%/1) = 0.024
n= (1 x 4 aos) =4
VF =VP (1 + t)n
VF =30,350 (1 + 0.024)4
VF#=33,370.1779
VF = VF# -VF"
VF = 33,370.1779 - 33,388.95259
VF =18.77469
$o &o tanto 'an nos + 18.77
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
5/31
)
n= (360 x 4 aos) =1440
t = (2.4%/360) = 6.666666667x10-5
VF =VP (1 + t)n
VF =30,350 (1 + 6.666666667x10-5)1440
VF=33,407.93069
VF = VFVF"
VF =33,407.93069 - 33,388.95259
VF =18.97819
$o &o tanto 'an nos + 18.98
Respuestas: a USS 33,388.95! " USS 18.77 menos,c US$ 18.98
ms.
13.-
K2=15,000
K1=20,000
a)
t = 0.2448 t = 0.2448
n= (2 x 3 aos) =6 n= (12 x 3 aos) = 36
VF =VP (1 + t)n VF =VP (1 + t)n
VF =20,000 (1 + 0.2448)6 VF =15,000 (1 + 0.2448)36
VF"1=23,123.35787 VF"2=35,827.51614
$o &o tanto, &a sa + aos +tos =
= VF"1 VF"2
= 23,123.35787 +35,827.51614 =58,950.87401
b)
t = 0.2448 t = 0.2448
n= (4 x 3 aos) =12 n= (4 x 3 aos) = 36
VF =VP (1 + t)n VF =VP (1 + t)n
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
6/31
VF =20,000 (1 + 0.2448)12 VF =15,000 (1 + 0.2448)12
VF#1=26,734.4842 VF#2=20,050.86315
$o &o tanto, &a sa + aos +tos =
= VF"1 VF"2
= 26,734.4842 + 20,050.86315 = 46,785.34735
14.-
Datos:
K2=18,000.00
K1=17,890.00
n= (12 ss x 3 aos 10 ss) = 36 n= (42 ss x 30 +as) = 1260
t = (12%/12)= 0.01 t = (9.5%/360)= 2.638888889x10-4
VF =VP (1 + t)n VF =VP (1 + t)n
VF =17,890.00 (1 + 0.01)46 VF =18,000.00 (1 + 2.638888889x10-
4)1260
VF1=28,274.40891 VF2=25,098.99722
$o &o tanto, &a sa + aos :
= VF1 VF2
= 28,274.40891+ 25,098.99722 = 53373.40611
15.-
a)
A 150 da = 31 / 03/ 2007 !" 01/01/2007 a 31 / 03/ 2007 = 89
da
#ata "$ 01/01/2007 = 61 da
K1=80,000 K2=80,661.47524
t = (4.86%/360) = 1.35x10-4 t = (3.60%/360) = 1x10-4
n1= 61 2= 89
VF =VP (1 + t)n VF =VP (1 + t)n
VF =80,000 (1 + 1.35x10-4)61 VF =80,661.47524 (1 + 1x10-4)89
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
7/31
VF1=80,661.47524 VF2=81,382.53025
b)
K = 81,382.53025
t = (3.60%/360) = 1x10-4
n= = 150
VF =VP (1 + t)n
VF =81,382.53025 (1 + 1x10-4)150
VF#=82,612.40773
Respuestas: a USS 81.38.5!! " USS 8,"1.!
16.-
K2=18,000.00
K =18,000.00
$o+o 1 $o+o 2
n= (8 ss x 30) = 240 n= (12 ss x 2) = 24
t = (1.5%/30)= 5x10-4 t = (3.2%/4)= 8x10-3
VF =VP (1 + t)n VF =VP (1 + t)n
VF =18,000.00 (1 + 5x10-4)240 VF =20,294.33469 (1 + 8x10-3)24
VF1=20,294.33469 VF2=24,571.26914
$o+o 3
n= (4 ss) = 4
t = (2.0%/1)= 0.02
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
8/31
VF =VP (1 + t)n
VF =24,571.26914 (1 + 0.02)4
VF3=26,596.73193
1#.-
$K =?
a)
n= 18
t = (24%/360) = 6.666666667x10-4
K (1 +6.666666667x10-4)18= K + 500
K (1.012068292) = K + 500
0.01206824238) = K + 500
K = 41,431.05
b)
K= 41,431.05
KF= (41,431.05 x 2) = 82,862.10
82,862.10 = 41,431.05(1 +6.666666667x10-4)x
%&' (2.000000186) = %&' (6.666666667x10-4)x
0.3010300361 = x %&' (6.666666667x10-4)
= 1,041 da
Respuestas: S#. !1,!31.5 % 1,!1 &'(s
1%.-
Respuesta: )( *+me+(
19.-
a)
(1 + 0.01)1-1 = 1 *0.01
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
9/31
b)
(1 + 0.01)3-1 = 1.03301 *3.0301
)
(1 + 0.01)12-1 = 12.68250301 *0.1268
Respuestas: a 1.-," 3.31-,c 1."853-
20.-
.a)
(1 + 0.015625)12-1 = 20.44827702
b)
(1 + 0.04245)4-1 = 18.09222422
)
(1 + 0.08615)2
-1 = 17.972182
d)
(1 + 0.2)1-1 = 20
Respuestas: a .!!877-,"18.91!-, c 17.9718-,
d .-
21.-
a) b)
K1=46,948.50 V/V-1 100
n = 90
K2=50,000.00 50,000 / 46,948.50 1 = 0.06499675176
46,948.50 = (1+ )90=$o &o tanto: 6.499675176
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
10/31
50,000.00
(1+ )90 = 1.064996752)
nta&+a+= 3051.5 x (3) = 91.545
1+ = - 1
50,000 - 91.545 = 49,908.455
= 6.999309393 10-4
49,908.455 / 46,948.50 -1 = 0.06304684921
=0.06299378453
$o &o tanto: 6.304684921
$o &o tanto = 6.299378453%
Respuestas: a N ".99379- /on /.&.! " E ".!99"75175-,c E
".3!"7!7-
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
11/31
22.-
K = 29,862 03/09/2004
"a A ! &. da
15/08/2004 2.4 0.01 39 29,939.74
12/10/2004 2.8 0.01 22 29,991.01
03/11/2004 3.2 0.01 104 30,269.53
15/02/2005 2.9 0.01 259 30,907.68
01/11/2005 2.4 0.01 300 31,532.04
;"< 31,532.04
Respuesta: USS 31,53.3
23.-
ta+o 125,000.00
osons 15.00
02/01/2005
"a aa d" nt"
ana$
aa daa &. da
02/01/2005 4.80 0.0133 222 128,755.05
12/08/2005 3.60 0.0100 134 130,491.89
24/12/20 5 4.44 0.0123 9 130,636.81
;"< 130,621.81
Respuesta: S#. 13,"1.81
!.0
C)/)o *(+( e) mes () 5
&F' ( 4!000.00
&F ' 4!30).13*01* 2!343.00
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
12/31
Nuevo +apital ' 1,9"".13"1"
C)/)o *(+( e) mes 5 () 7
&F' ( 1!)**.13*01*
&F ' 2!02,.,*24## 2!))0.00
Nuevo +apital ' 5,15.5"!77
C)/)o *(+( e) mes 7 () 9
&F' ( ,!01,.,*24##
&F ' ,!1*#.1,#%,3
Nuevo +apital ' 5,1"7.157853
C)/)o *(+( e) mes 9 () 15
&F' ( ,!1*#.1,#%,3
&F ' ,!#,3.*%02*1 2!),0.00
Nuevo +apital ' 8,73."8"1
C)/)o *(+( e) mes 15 () 18
&F' ( %!#03.*%02*1
&F ' )!1%4.3%1#2* 2!2,0.00
Nuevo +apital ' 11,!3!.38173
C)/)o *(+( e) mes 18 () 1
&F' ( 11!434.3%1#3
&F ' 12!0*,.%)%)*
Nuevo +apital ' 1,"5.8989"
C)/)o *(+( e) mes 1 () !
&F' ( 12!0*,.%)%)*
&F ' 1,"17.5
5.0
+lculo pa/a el mes 0 al 3
&F' ( 23!2,0.00
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
13/31
&F ' 24!102.0# 1!,40.00
Nuevo +apital ' ,5".7!9
+lculo pa/a el mes 3 al %
&F' ( 22!,*2.0#4)
&F ' 23!),*.),
Nuevo +apital ' 3,95".95
+lculo pa/a el mes % al 10
&F' ( 23!),*.),
&F ' 24!3)2.013*# 12!200.00
Nuevo +apital ' 3",59.137
+lculo pa/a el mes 10 al 1*
&F' ( 3*!,)2.013#
&F ' 24!3)2.013*# 12!200.00
Nuevo +apital ' 38,"1.99
".0
+lculo pa/a el mes 0 al 4
&F' ( )!000.00
&F ' )!1%1.#)*#*
Nuevo +apital ' 9,181.79"7"
+lculo pa/a el mes 4 al %
&F' ( )!1%1.#)*#*
&F ' )!3)%.,3*41 *!000
Nuevo +apital ' 15,398.53"!
+lculo pa/a el mes % al 12
&F' ( 1,!3)%.,3*4
&F ' )!3)%.,3*41
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
14/31
Nuevo +apital ' 15,7".
+lculo pa/a uo aco:
+lculo pa/a el mes 0 al 3
&F' ( )!000.00
&F ' )13*.00*1* 4!000.00
Nuevo +apital ' 5,13"."
+lculo pa/a el mes 3 al 4
&F' ( ,!13*.00*2
&F ' ,!1*1.#4%3)
Nuevo +apital ' 5,1"1.7!839
+lculo pa/a el mes % al 12
&F' ( ,!1*1.#4%3)
&F ' )!3)%.,3*41
Nuevo +apital ' 5,!8.31
7.0
+apital
10!,,0.00
Fecadeposito
102501520
0,
TN6 TN7 n/o d8as
125025200,
24.009
0.0*****#9 41
10!%42.2,
1,5045200,
2#.009
0.0#,00009 *2
12!#0%.12
135105200,
2#.209
0.0#,,,,*9 1%1
14!,*).#1
0*511520
0,
2,.00
9
0.0*)4444
9 24
1*!*14.4
)
305125200,
23.209
0.0*444449 ,4
1*!202.**
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
15/31
2%50%5200*
2*.409
0.0#333339 241
1)!333.,)
Res*es2(:o 2% de 6osto del 200* ellos /eti/an S#. 19,!1!.15.
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
16/31
2%.-
30
0150352004
120!000.00
1 0.02 '
122!423.3, -
1!000 '
121!423.3,
30
*0
0150452004
121!423.3,
1
0.044 '
12*!%%3.21 -
2!000 '
124!%%3.21
*0
*0
0150*52004
124!%%3.21
1
0.044 '
130!4)%.*4 -
3!000 '
12#!4)%.*4
*0
*0
0150%520
04
12#!4)%.
*4
1 0.12 '
13%!110.
2# -
4!000 '
134!110.
2#)0
*0
0151052004
134!110.2#
1 0.12 '
14,!2#2.1% -
,!000 '
140!2#2.1%
)0
*
0
0151252004
140!2#2.1%
1
0.2*, '
14*!*04.01 -
*!000 '
140!*04.01
3*0
*0
015025200,
140!*04.01
1
0.2*, '
14*!),0.%1 -
#!000 '
13)!),0.%1
3*0
*0
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
17/31
015045200,
13)!),0.%1
1 0.13 '
14)!344.,1 -
%!000 '
141!344.,1
120
*
0
0150*5200,
141!344.,1
1 0.13 '
1,0!%31.## -
)!000 '
141!%31.##
120
*0
0150%5200,
141!%31.##
1 0.13 '
14%!110.*0 -
10!000 '
13%!110.*0
1%0
*0
015105200,
13%!110.*0
1 0.13 '
144!224.#0 -
20!000 '
124!224.#0
1%0
*0
015125200,
124!224.#0
1 0.13 '
12)!#24.0% -
40!000 '
%)!#24.0%
1%0
*0
015025200*
%)!#24.0%
1 0.13 '
)3!*)*.13 - '
)3!*)*.13
1%0
Res*es2(:
( +on los ;ue tiene no le alcan?a pues el monto es de
US$ 93,"9".134 @e falta/8a US$ 3,"9".13
9.0
30
AE< 0
100!000.00 1
0.02 '
102!01).4, -
,00.00 '
101!,1).4,
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
18/31
30
*
AE< 1
101!,1).4, 1
0.04 '
10%0%,.43# -
1!000.00 '
10#!0%,.44
4
1
AE< 4
10#!0%,.44 1
0.0# '
11404,.))0 -
2!000.00 '
112!04,.))
1
1
AE< #
112!04,.
)) 1
0.1
, '
114%4#.1
40 -
4!000.00 '
110!%4#.
14*
1
AE< %110!%4#.14 1
0.14 '
11*020.00* - %!000.00 '
10%!020.01
3
)0
AE< 10
10%!020.
01 1
0.2
, '
114)%4.2
04 -
1*!000.0
0 '
)%!)%4.2
03*0
2
AE< 13
)%!)%4.20 1
0.13 '
10331).)%# -
32!000.00 '
#1!31).))
*
4
AE< 1,
#1!31).)) 1
0.14 '
#4#0*.),2 -
*4!000.00 '
10!#0*.),
12
1,0
AE< 1#
10!#0*.), 1
0.0% '
12!2,3.#*
)0
Res*es2(: US$ 1,53.7"
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
19/31
3.0
10
7B6 0
14!%00.00
1 0.02 '
14!%)%.)* -
#00.00 '
14!1)%.)*
30
*0
7B6 10
14!1)%.)*
1 0.02 '
14!##%.24 - '
14!##%.24
30
30
7B6 #0
14!##%.24
1 0.03 '
1,!22%.0#
#00.00 '
1,!)2%.0#
30
20
7B6 100
1,!)2%.0#
1 0.03 '
1*!24).*% -
3%%.00 '
1,!%*1.*%
30
30
7B6 120
1,!%*1.*%
1 0.03 '
1*!344.4) - '
1*!344.4)
30
RESPUESA : 1",3!!.!9
31.0
/Cstamo' cuotas t/a8das al p/esente.
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
20/31
%0000' 1*,)*.)3*#1 0.)41##,%D 33301.),*,4 %4,3.%%3142
' 22)%,.,4
Res*es2(: Se &e4e+ (mo+2(+ $,985.5!
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
21/31
3.0
e/iodo 1 e/iodo2 e/iodo310.010131*1
10.010131*2(1.,
10.010131*3(1.12,
1.010131* 1.,30,4%## 1.2%%3#)#3 '3.%2)0*0
1
' 4000 5 3.%2)0*01
' 1044.*42#%
RESPUESA :US$ 1,!!."!
33.0
TN6'129 TN
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
22/31
42,3*.01' HIHIHIH(10.0*2 2%*0J( 10.034K
%200J(10.0112K %#,0J( 10.0124-2,00K(13.33333(10-
43*0J
42,3*.01' HIIII1.123*2%*0(1.12,,0%%1K
%200K(1.12*%2,03%#,0K(1.2*)#34*4)-2,00K(13.33333(10-
43*0J
42,3*.01'
HII 1.2*4*21*))321%.),,1)#%200(1.12*%2,03%#,0K(1.2*)#34*
4)-2,00K(13.33333(10-43*0J
42,3*.01'
HII 1.2*4*21*))1141%.),,2(1.12*%2,03%#,0K(1.2*)#34*4)-
2,00K(13.33333(10-43*0J
42,3*.01' HI1.42,00#3%412%*#.1*4,4%#,0(1.2*)#34*4)-
2,00K(13.33333(10-43*0J
42,3*.01' HI1.42,00#3%421*1#.1*4,4(1.2*)#34*4)-
2,00K(13.33333(10-43*0J
42,3*.01' I1.%0)3%12,2#44%.0*2%3-2,00(13.33333(10-43*0K
42,3*.01' 2.040030%#12%12%.2))%,
42,3*.01 - 2%12%.2))%, ' 2.040030%#1
Res*es2(
a) US$ 7,062.50
b) Si X = 7062.50T = 10!"360 = 77062.50#$1% 10!"360)&360#7 = 14220.74
Respuesta: Si Ximena 'em(ra n a*( m+s en p(nerse 'e acer'( ten'r+ ,epaar S/ 1220.7 p(r,e a ten'ra ,e c(nsi'erarse 7 a*(s.
3.-
' D 6
0 % 12 2410 E1: 9- 0 E: 9.5-
6' Reti/o en % meses F',00000
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
23/31
i1 -LTEA1:' )9'L)9530 ' TE7 ' I1TE7 30K-1
i1 ' ).402*%#4%#
0 E: 9.5- 1- 'L).0)9530
'L TEA2 ' I1).0)9530 30K-1
i2' ).,00%)#)%)9
allamos el inte/Cs en % meses:
6 ' F-(,09
F' 1i % ' ID(1i1 % DK(,09
6 ' -ID(1i1 % 1K(0.,
allamos el Nuevo capital >ue se deposita a los 12 meses
M ' D1%09( ' 2.%
M' (2.% 1i2
lanteamos la ecuacin
F' 1i1 12( 1i2 12- 6(1i2 4(1i2 12 M(1i2 12
Reempla?amos:
,00000' D(1i1 12( 1i2 12-IHID(1i1 %-1K(1i1 4(1i2
12J52K2.%(1i2 12
/esente '
' ,0000051i1 12( 1i2 12-IHID(1i1 %-1K(1i1 4(1i2
12J52K2.%(1i2 12
Reempla?ando i1 e i2:
' )3,4.32
Res*es2(: El capital incial fue de US; 9,35!.3
35.0
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
24/31
&F1' 1%00012953010#-12,0'1%0%0.44,1)
&F2'1%0%0.44,1)12953023 121953*010010%42'
30304.22#3*
&F3'30304.22#3*121953*031#-143*,' 220)2.*11*
&F4' 220)2.*11*121953*01# 120953*0133
12%95*0*' 240)0.**10,
'1983.17!"
3".0
TNA'29 TNA'39 TNA'49
1
2511 12512 2502 12504 2250# 0150%3150% 40 d8as ,0 d8as #0 d8as 100 d8as) d8as 30 d8as
1 ;1 8358.
N- ".""""""""71
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
25/31
2%3,% ' HIII)2#0.1*( 1.033%%3*317(1.0#24#0**)-2000K(11 (
10-3 100K(11.333333333(-3)1000K( 11.333333333(-
330J
2%3,% ' HIII),%4.2# 7 (1.0#24#0**)-2000K(11 ( 10-3
100K(11.333333333(-3)1000K( 11.333333333(-330J
2%3,% ' HII102#%.%4%4* 1.0#24#0**)7 -2000( 1.10,11,*)%K
(1.0120*421000K (1.040#%3044J
2%3,% ' HII%2#%.%4%4* 1.0#24#0**)7 ( 1.10,11,*)%K
(1.0120*421000K (1.040#%3044J
2%3,% ' HI)14).0%,3)2 1.1%,2041#27 (1.0120*421000K
(1.040#%3044J
2%3,% ' HI)2,).4*1#%41.1)),02#1271000K (1.040#%3044J
2%3,% ' HI102,).4*1#%1.1)),02#127K (1.040#%3044J
2%3,% ' 10*##.%#3%#1.24%4220%47
2%3,% - 10*##.%#3%# ' 1.24%4220%47
1#*%0.12*13 ' 1.24%4220%47
; 1!1"1.97
37.0
F&1' 20000010.049,0100000'30403).4,21
F&2' 30403).4,2110.049*0,0000'3*1423.1#2*
F&3'3*1423.1#2*10.0,9)0'3#%0,4.4,*
F40'4093#%0,4.4,*'1,1221.#%24523#2#0.*2##
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
26/31
F2'23#2#0.*2##-1.0.0,9)0' 24%1%%.%),#
24%1%%.%),#-1.04*'
'121304.44, ' F2 ' F3
3%.-
El capital depositado fue $"998.1
39.0
+ I#!
20,000 3 * aOos
TN6 ' ,49 TN6 ' ,49
n'* n'1
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
27/31
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
28/31
i. allando 6o
ii. allando Mo
iii. allando +o
42.-
B
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
29/31
6
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
30/31
.-
.( ) . . .
.. ( ) . . .
.. ( ) . . .
.. ( ) .
24
24
3*0
3*0
0 0241,000 1 1#31, %1 1#31, %1 #,00 24%1, %1
4
0 02424%1, %1 1 2%*4# 0* 2%*4# 0* #,00 3*14# 0*
4
0 03,3*14# 0* 1 41,## %% 41,## %% 2,00 3)0## %%
)0
0 03,3)0## %% 1 44)4) 04 44)4)
)0
A
B
C
D
+ = + =
+ = + =
+ = =
+ =
. .
.. ( ) . . . .
.
( . . )( ) . . . .
.( . . )( )
3*0
3*0
#20
04 2,00 4244) 04
0 03,4244) 04 1 4%%2* *) 4%%2* *) 4%%2* *) 2 ,
)0
0 14,4%%2* *) 2 , 1 ,*443 )4 2 %)0014,,, ,*443 )4 2 %)0014,,,
3*0
0 14,,*443)4 3%)0014,,, 1 #,42
3*0
Y X
X X
E
F X
X XG
X
=
+ = =
+ =
= =
+
. .
. .
. .
% %3 , 1)%41%%,
* 1)%41%%, # 121*,42% ) 04 3043 2 1% 2 *
X
X YX =
= =
-
7/23/2019 Solucion_Tasa Nominal y Tasa Nominal Flujo de Efectivo
31/31