DEFENSOR

P= -$100,000
A= -$25,000
N= 3 AÑOS
S= 55,000

RETADOR
P= -$400,000
A= -$15,000
N= 5 AÑOS
S= $60,000
tasa de intere 10%
costo inicial 20,000

año valor comercicoa $/año recuperacion VA

d del COA VA total
1 10,000 5,000 $12,000.00 $5,000.00 $17,000
2 8,000 6,500 $7,714.29 $5,714.29 $13,429
3 6,000 8,000 $6,229.61 $6,404.83 $12,634
4 2,000 9,500 $5,878.47 $7,071.75 $12,950
5 0 12,500 $5,275.95 $7,960.89 $13,237

$18,000.00

$16,000.00

$14,000.00

$12,000.00

$10,000.00

$8,000.00

$6,000.00

$4,000.00

$2,000.00

$0.00
1 2 3 4 5
5
tasa de intere 15% analisis recuperacion
de VUE costo inicial
valor del capital, valor del
año comercial COA $/año $año COA $/año
1 25.00 3.40 18.70 $3.40
2 18.75 3.74 14.65 $3.56
3 14.06 4.11 12.59 $3.72
4 10.55 4.53 11.20 $3.88
5 7.91 4.98 10.16 $4.04
6 5.93 5.48 9.36 $4.21
7 4.45 6.02 8.73 $4.37
8 3.34 6.63 8.23 $4.53
9 2.50 7.29 7.81 $4.70
10 1.88 8.02 7.48 $4.86
11 1.41 8.82 7.20 $5.02
12 1.06 9.70 6.97 $5.19

tasa de intere 15% analisis del costo marginal current mv,s

valor interes perdido
año comercial
perdida en valor comercial,
en vc por
$ año,$ COA,$
1 25.00 -13.00 -5.70 -3.40
2 18.75 -6.25 -3.75 -3.74
3 14.06 -4.69 -2.81 -4.11
4 10.55 -3.52 -2.11 -4.53
5 7.91 -2.64 -1.58 -4.98
6 5.93 -1.98 -1.19 -5.48
7 4.45 -1.48 -0.89 -6.02
8 3.34 -1.11 -0.67 -6.63
9 2.50 -0.83 -0.50 -7.29
10 1.88 -0.63 -0.38 -8.02
11 1.41 -0.47 -0.28 -8.82
12 1.06 -0.35 -0.21 -9.70

0
1 2 3 4 5 6 7 8 9 10 11 12 13

-5

-10

-15

-20

-25

costo marginal para el año va del costo marginal.$/año

-15

-20

-25

costo marginal para el año va del costo marginal.$/año

 38.00

VA total $/año
$22.10
$18.21
$16.31
$15.08
$14.21
$13.57
$13.10
$12.76
$12.51
$12.34
$12.23
$12.16

38.00
costo marginal va del costo
para el año marginal.$/año
-22.10 -$22.10
-13.74 -$18.21
-11.61 -$16.31
-10.15 -$15.08
-9.20 -$14.21
-8.64 -$13.57
-8.40 -$13.10
-8.41 -$12.76
-8.62 -$12.51
-9.02 -$12.34
-9.57 -$12.23
-10.26 -$12.16

10 11 12 13

o marginal.$/año
o marginal.$/año
tasa de interes 10% analisis de la VUE del retador
costo inicial $50,000
valor recuperacion
año comercial COA del capital va del COA
1 $40,000 -5,000 -$15,000 -$5,000.00
2 $32,000 -7,000 -$13,571 -$5,952.38
3 $25,600 -9000 -$12,372 -$6,873.11
4 $20,480 -11000 -$11,361 -$7,762.34
5 $16,384 -13000 -$10,506 -$8,620.25
6 $13,107 -15000 -$9,782 -$9,447.11
7 $10,486 -17000 -$9,165 -$10,243.23
8 $8,389 -19000 -$8,639 -$11,008.96
9 $6,711 -21000 -$8,188 -$11,744.70
10 $5,369 -23000 -$7,800 -$12,450.92

tasa de interes 10%

valor comercial 15,000 analisis de la VUE del defensor
valor recuperacion
año comercial COA del capital va del COA
1 12,000 -20,000 -$4,500 -$20,000
2 9,600 -8,000 -$4,071 -$14,286
3 7,680 -12,000 -$3,711 -$13,595

tasa de interes 10%

valor comercial 15,000 analisis de la vue del defensor
valor recuperacion
año comercial COA del capital va del COA
0 12,000 0 0 0
1 2,000 -12,000 -$14,300.00 -$12,000.00
2 0 -16,000 -$8,642.86 -$13,904.76
VA total de los
costos ($20,400)
-$20,000 ($20,200)
-$19,524 ($20,000)
-$19,245 ($19,800)
-$19,123 ($19,600)
-$19,126 ($19,400)
-$19,229 ($19,200)
-$19,408 ($19,000)
-$19,648 ($18,800)
-$19,933
($18,600) 0 2 4 6 8 10 12
-$20,251
($18,400)

($30,000)

($25,000)
VA total de los
costos ($20,000)
-$24,500 ($15,000)
-$18,357 ($10,000)
-$17,307
($5,000)
1 2 3
$0

VA total de los
costos
0
-$26,300.00
-$22,547.62
tasa de interes 15%
valor comeercial 22.00 analisis VUE del horno PT
valor recuperacio
año comercial COA n del capital va del COA
1 22 -5.20 -$3.30 -$5.20
2 22 -6.40 -$3.30 -$5.76
3 22 -7.60 -$3.30 -$6.29
4 20 -8.80 -$3.70 -$6.79
5 18 -10.00 -$3.89 -$7.27
6 18 -11.20 -$3.76 -$7.72
 $0.00
0 1 2 3 4 5 6 7

($2.00)
VA total de
los costos ($4.00)
-$8.50
($6.00)
-$9.06
-$9.59
($8.00)
-$10.49
-$11.16 ($10.00)
-$11.47
($12.00)

($14.00)
6 7
tasa de intere 10%
costo inicial 750 retador
valor recuperacio VA total de
año comercial COA n del capital va del COA los costos
1 750
2 750
3 750
4 750
5 750
6 750
7 750
11
 tiempo en servicios,años
defensor, retador, VA de los flujos de efectivo de cada opcion
opcion PT GH 1 2 3
A 1 5 -8.50 -14.21 -14.21
B 2 4 -9.06 -9.06 -15.08
C 3 3 -9.59 -9.59 -9.59
D 4 2 -10.49 -10.49 -10.49
E 5 1 -11.16 -11.16 -11.16
F 6 0 -11.47 -11.47 -11.47
 opcio,
efectivo de cada opcion, $ M por año VP a 15%
4 5 6 $M
-14.21 -14.21 -14.21 -48.51
-15.08 -15.08 -15.08 -47.28
-16.31 -16.31 -16.31 -46.38
-10.49 -18.21 -18.21 -46.87
-11.16 -11.16 22.10 -46.96
-11.47 -11.47 -11.47 -43.91