N°
10
11
Premisas
Las premisas núméricas mostradas en la hoja de calculo "Premisas Númericas" fueron:
Si considera que existe incremento de los precios relativos interanualmente, cual es la ba
de la variación:
Si considera que existe incremento de la producción interanualmente, cual es la base de
variación:
Base de cálculo del Costo de Ventas (criterio de formación del costo de venta):
Infomación de capacidades instaladas, reales, precios y costos de cada producto o servic
que ofrezca: listo no es necesario
Base de cálculo de la depreciación y amortización de activos (si los tuviera): explicac
técnica
Explicación del aporte propio, es decir de la inversión inicial (Terreno, galpón, linea
produción, maquinaria, materia prima, concesión, préstamo, etc)
Base de cálculo de las cuenta de Gastos Operacional, que esta comprendida por las su
cuentas: Explicacion general y técnica de la proyección de Gastos Administrativos, Total
Gastos de Suministros, gasto de personal, ejemplo base de las proporciones, crecimiento
los gastos
Base de cálculo del Valor Actual Neto: Lo hará el asesor
Plan
ITEM Productos Cantidad a 12 años
1 Modelo Scooter 43,200
2 Modelo GN 43,200
3 Modelo CG 129,600
4 -
Totales 282,380
Cuadro de Inversión Propia
Inversiones Monto USD
Inventario USD 6,000,000.00
Insumos de Producción 1,500,000.00
Línea de ensamblaje 200,000.00
Línea de seguridad 200,000.00
Línea de Desmontaje 200,000.00
Montas cargas (3) 210,000.00
Camiones (6) 300,000.00
Estanterias 200,000.00
Compresores (4) 20,000.00
Taladros (80) 40,000.00
Materiales de Producciòn 130,000.00
Bienechurias 500,000.00
Inversión Propia
Calculo de Depreciación
Activos
Repuestos 1,500,000.00
Línea de ensamblaje 200,000.00
Línea de seguridad 200,000.00
Línea de Desmontaje 200,000.00
Montas cargas 210,000.00
Camiones 300,000.00
Estanterias 200,000.00
Compresores 20,000.00
Taladros 40,000.00
Herramientas 130,000.00
Bienechurias 500,000.00
Total Activo Fijos 3,500,000.00
Depreciación de Activos Fijos
Plan Financiero Ensambladora Panas Motocycle
Cantidad por Costo de Venta
Precio de Venta
Anuales Unitario
3,600.00 0.014 76.0% 750.00
3,600.00 0.013 84.6% 650.00
10,800.00 0.013 76.9% 650.00
- 0.014 - .00
23,532 0 1 513
de Inversión Propia
Precio Cantidad Unidad de Medida
- Unidad
200,000.00 1
200,000.00 1 Unidad
200,000.00 1 Unidad
70,000.00 3 Unidad
50,000.00 6 Unidad
200,000.00 1 Unidad
5,000.00 4 Unidad
500.00 80 Unidad
- -
- -
9,500,000.00
ropia
0.55
Vida Util Valor de Salvamento Depreciación
30 825,000.00 22,500.00
60 110,000.00 1,500.00
60 110,000.00 1,500.00
60 110,000.00 1,500.00
60 115,500.00 1,575.00
60 165,000.00 2,250.00
30 110,000.00 3,000.00
30 11,000.00 300.00
30 22,000.00 600.00
30 71,500.00 1,950.00
60 275,000.00 3,750.00
Total Depreciación de
40,425.00
Activos Fijos
le
Total de
Costo Total Total de Costo Total
Costo Unitario Ingresos
Anual Ingresos Anual Mensual
Mensual
570.00 24,624,000.00 32,400,000.00 2,700,000.00 2,052,000.00
550.00 23,760,000.00 28,080,000.00 2,340,000.00 1,980,000.00
500.00 64,800,000.00 84,240,000.00 7,020,000.00 5,400,000.00
.00 .00 - - .00
405 113,184,000 144,720,000 12,060,000 9,432,000
Calculo Gastos Nomina (Primer Año)
Personal Directo
Salario Unitario Salario Total
Cargo Cantidad
(USD) (USD)
Personal
20 320.00 76,800.00
Administrativos
Personal ayudante 20 240.00 57,600.00
Operarios 100 280.00 336,000.00
Subtotal 140 840.00 470,400.00
Personal Indirecto
Cargo Cantidad Salarios (USD) Gastos (USD)
Personal de
6 240.00 17,280.00
Limpieza
Personal de
12 240.00 34,560.00
seguridad
Subtotal 18 480.00 51,840.00
Totales 158 1,320.00 522,240.00
12 1.613%
Calculo Gastos Operativos (Primer Año)
Gastos Operativos (Expresados en USD)
Gastos de Operaciones (Insumos,
50,000.00
Requerimientos, Servicios, etc.)
-
Gasto de Aduanas 60,961.12
Gastos Fijos 50,000.00
Gasto de Publicidad 105,000.00
Gasto de Fletes 212,000.00
Gastos de Suministros 20,000.00
497,961.12
Totales
12 Plan Financiero Ensambladora Panas M
Tarifas
ITEM Productos
Unitarias 2 3
1 Modelo Scooter 750.00 $753.91 $757.84
2 Modelo GN 650.00 $653.39 $656.79
3 Modelo CG 650.00 $653.39 $656.79
4
Cantidad Anual
ITEM Productos (Primer
periodo) 2 3
1 Modelo Scooter 3600 3,621 3,641
2 Modelo GN 3600 3,621 3,641
3 Modelo CG 10800 10,862 10,924
4 18,103 18,207
Servicos a Tarifas
ITEM
Prestar Unitarias
2 3
1 Modelo Scooter 0.52% 0.0052116
2 Modelo GN 0.0052116 0.0052116
3 Modelo CG 0.0052116 0.0052116
4 0.0052116 0.0052116
Servicos a Cantidad por
ITEM
Prestar año 2 3
1 Modelo Scooter 0.0057223 0.0057223
2 Modelo GN 0.0057223 0.0057223
3 Modelo CG 0.0057223 0.0057223
4 0.0057223 0.0057223
Servicos a
ITEM %
Prestar 2 3
1 Modelo Scooter 570.00 0.76 0.75
2 Modelo GN 550.00 0.84 0.84
3 Modelo CG 500.00 0.77 0.76
4
nsambladora Panas Motocycle
Periodo-Comportamiento de precios
4 5 6 7 8 9 10
$761.79 $765.76 $769.75 $773.76 $777.79 $781.85 $785.92
$660.22 $663.66 $667.12 $670.59 $674.09 $677.60 $681.13
$660.22 $663.66 $667.12 $670.59 $674.09 $677.60 $681.13
Periodo-Comportamiento de Cantidades
4 5 6 7 8 9 10
3,662 3,683 3,704 3,725 3,747 3,768 3,790
3,662 3,683 3,704 3,725 3,747 3,768 3,790
10,986 11,049 11,113 11,176 11,240 11,304 11,369
18,311 18,416 18,521 18,627 18,734 18,841 18,949
Comportamiento Tasa de Crecimiento de precios por periodo de tiem
4 5 6 7 8 9 10
0.0052116 0.0052116 0.0052116 0.005211631 0.0052116 0.0052116 0.0052116
0.0052116 0.0052116 0.0052116 0.005211631 0.0052116 0.0052116 0.0052116
0.0052116 0.0052116 0.0052116 0.005211631 0.0052116 0.0052116 0.0052116
0.0052116 0.0052116 0.0052116 0.005211631 0.0052116 0.0052116 0.0052116
Comportamiento Tasa de Crecimiento de cantidades por periodo de tie
4 5 6 7 8 9 10
0.0057223 0.0057223 0.0057223 0.00572233612 0.0057223 0.0057223 0.0057223
0.0057223 0.0057223 0.0057223 0.00572233612 0.0057223 0.0057223 0.0057223
0.0057223 0.0057223 0.0057223 0.00572233612 0.0057223 0.0057223 0.0057223
0.0057223 0.0057223 0.0057223 0.00572233612 0.0057223 0.0057223 0.0057223
Costo de Venta
4 5 6 7 8 9 10
0.75 0.74 0.74 0.74 0.73 0.73 0.73
0.83 0.83 0.82 0.82 0.82 0.81 0.81
0.76 0.75 0.75 0.75 0.74 0.74 0.73
de precios
11 12 13 14 15 16
$790.02 $794.13 $798.27 $802.43 $806.62 $810.82
$684.68 $688.25 $691.84 $695.44 $699.07 $702.71
$684.68 $688.25 $691.84 $695.44 $699.07 $702.71
Cantidades
11 12 13 14 15 16
3,811 3,833 3,855 3,877 3,899 3,922
3,811 3,833 3,855 3,877 3,899 3,922
11,434 11,500 11,565 11,632 11,698 11,765
19,057 19,166 19,276 19,386 19,497 19,608
ecios por periodo de tiempo
11 12 13 14 15 16
0.0052116 0.00521163 0.00521163 0.00521163 0.00521163 0.0052116
0.0052116 0.00521163 0.00521163 0.00521163 0.00521163 0.0052116
0.0052116 0.00521163 0.00521163 0.00521163 0.00521163 0.0052116
0.0052116 0.00521163 0.00521163 0.00521163 0.00521163 0.0052116
idades por periodo de tiempo
11 12 13 14 15 16
0.0057223 0.00572234 0.00572234 0.00572234 0.00572234 0.0057223
0.0057223 0.00572234 0.00572234 0.00572234 0.00572234 0.0057223
0.0057223 0.00572234 0.00572234 0.00572234 0.00572234 0.0057223
0.0057223 0.00572234 0.00572234 0.00572234 0.00572234 0.0057223
11 12 13 14 15 16
0.72 0.72 0.71 0.71 0.71 0.70
0.80 0.80 0.79 0.79 0.79 0.78
0.73 0.73 0.72 0.72 0.72 0.71
Plan Financiero Ensambladora Panas Moto
ITEM Productos
Corte 1
1
Modelo Scooter 2,700,000.00 2,729,602.23
2
Modelo GN 2,340,000.00 2,365,655.27
3
Modelo CG 7,020,000.00 7,096,965.80
Ingresos Totales 12,060,000.00 12,192,223.31
0.2
ITEM Productos
1
1 Modelo Scooter 1,539,000,000.00 2,063,742.23
2 Modelo GN 1,287,000,000.00 1,991,330.23
3 Modelo CG 3,510,000,000.00 5,430,900.62
Costo de Ventas Totales 6,336,000,000.00 9,485,973.07
Pago a
6,336,000,000.00 9,485,973.07
Proveedores
$2,706,250.23
ITEM
1
Gastos de Operaciones (Insumos,
50,000.00
Requerimientos, Servicios, etc.)
Gasto de Aduanas 60,961.12
Gastos Fijos 50,000.00
Gasto de Nomina 522,240.00
Gasto de Publicidad 105,000.00
Gasto de Fletes 212,000.00
Gastos de Suministros 20,000.00
Gastos Totales 1,020,201.12
Inversion Inicial
Flujo de Caja - 9,500,000.00 1,686,049.11
TIR 18.5% 1,595,042.64
VAN 11,690,276.47
Tasa Libre de
0.03 Riesgos 4.49%
Tasa de interés
de los Bonos del
Tesoro de EE.UU
Periodo
al 8 de
noviembre del
2024
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
VNA
TIR
nciero Ensambladora Panas Motocycle
2 3 4 5
2,759,529.02 2,789,783.91 2,820,370.52 2,851,292.47
2,391,591.82 2,417,812.73 2,444,321.12 2,471,120.14
7,174,775.45 7,253,438.18 7,332,963.35 7,413,360.42
12,325,896.28 12,461,034.82 12,597,654.98 12,735,773.02
2 3 4 5
2,075,551.66 2,087,428.66 2,099,373.63 2,111,386.95
2,002,725.29 2,014,185.55 2,025,711.40 2,037,303.20
5,461,978.05 5,493,233.33 5,524,667.46 5,556,281.46
9,540,255.00 9,594,847.55 9,649,752.49 9,704,971.62
9,540,255.00 9,594,847.55 9,649,752.49 9,704,971.62
2 3 4 5
51,466.81 52,954.96 54,464.71 55,996.33
62,749.48 64,563.87 66,404.59 68,271.97
50,000.00 50,000.00 50,000.00 50,000.00
537,560.53 553,103.93 568,872.97 584,870.43
108,080.30 111,205.41 114,375.88 117,592.28
218,219.27 224,529.02 230,930.36 237,424.42
20,586.72 21,181.98 21,785.88 22,398.53
1,048,663.11 1,077,539.16 1,106,834.38 1,136,553.96
1,736,978.17 1,788,648.11 1,841,068.11 1,894,247.45
Flujo de Caja
- 9,500,000.00
1,686,049.11
1,736,978.17
1,788,648.11
1,841,068.11
1,894,247.45
1,948,195.49
2,002,921.75
2,058,435.81
2,114,747.38
2,171,866.30
2,229,802.50
2,288,566.03
2,348,167.07
2,408,615.90
2,469,922.93
11,690,276.47
18.50%
Periodos Proyección de Ingresos
6 7 8 9
2,882,553.44 2,914,157.15 2,946,107.36 2,978,407.86
2,498,212.98 2,525,602.86 2,553,293.04 2,581,286.81
7,494,638.94 7,576,808.59 7,659,879.12 7,743,860.43
12,875,405.36 13,016,568.60 13,159,279.52 13,303,555.10
Periodo- Proyección de Costo de Venta
6 7 8 9
2,123,469.02 2,135,620.22 2,147,840.96 2,160,131.63
2,048,961.34 2,060,686.18 2,072,478.12 2,084,337.54
5,588,076.37 5,620,053.22 5,652,213.05 5,684,556.92
9,760,506.73 9,816,359.63 9,872,532.14 9,929,026.08
9,760,506.73 9,816,359.63 9,872,532.14 9,929,026.08
Periodo- Proyección de Gastos
6 7 8 9
57,550.09 59,126.26 60,725.12 62,346.95
70,166.35 72,088.05 74,037.42 76,014.79
50,000.00 50,000.00 50,000.00 50,000.00
601,099.13 617,561.94 634,261.73 651,201.43
120,855.18 124,165.14 127,522.75 130,928.60
244,012.36 250,695.33 257,474.51 264,351.07
23,020.03 23,650.50 24,290.05 24,938.78
1,166,703.14 1,197,287.23 1,228,311.58 1,259,781.63
1,948,195.49 2,002,921.75 2,058,435.81 2,114,747.38
10 11 12 13
3,011,062.50 3,044,075.15 3,077,449.75 3,111,190.26
2,609,587.50 2,638,198.46 2,667,123.12 2,696,364.90
7,828,762.49 7,914,595.39 8,001,369.35 8,089,094.69
13,449,412.48 13,596,869.01 13,745,942.22 13,896,649.85
10 11 12 13
2,172,492.63 2,184,924.36 2,197,427.23 2,210,001.65
2,096,264.82 2,108,260.35 2,120,324.52 2,132,457.73
5,717,085.86 5,749,800.95 5,782,703.24 5,815,793.81
9,985,843.31 10,042,985.66 10,100,455.00 10,158,253.20
9,985,843.31 10,042,985.66 10,100,455.00 10,158,253.20
10 11 12 13
63,992.03 65,660.66 67,353.11 69,069.68
78,020.52 80,054.94 82,118.41 84,211.29
50,000.00 50,000.00 50,000.00 50,000.00
668,384.00 685,812.43 703,489.73 721,418.97
134,383.27 137,887.38 141,441.52 145,046.32
271,326.23 278,401.18 285,577.17 292,855.44
25,596.81 26,264.26 26,941.24 27,627.87
1,291,702.87 1,324,080.85 1,356,921.19 1,390,229.58
2,171,866.30 2,229,802.50 2,288,566.03 2,348,167.07
14 15
3,145,300.70 3,179,785.12
2,725,927.27 2,755,813.77
8,177,781.82 8,267,441.30
14,049,009.79 14,203,040.18
14 15
2,222,648.02 2,235,366.76
2,144,660.37 2,156,932.84
5,849,073.74 5,882,544.11
10,216,382.14 10,274,843.71
10,216,382.14 10,274,843.71
14 15
70,810.67 72,576.37
86,333.95 88,486.73
50,000.00 50,000.00
739,603.25 758,045.69
148,702.40 152,410.38
300,237.23 307,723.82
28,324.27 29,030.55
1,424,011.76 1,458,273.55
2,408,615.90 2,469,922.93
Plan Financiero Ensambladora Panas Motocycle
Resumen Estado de Resultados Proyectado - Expresado en USD
Año Proyectado:
1 2
Ventas de Contado 12,192,223.31 12,325,896.28
Total Ingresos Ordinarios 12,192,223.31 12,325,896.28
Total Costos de Ventas 9,485,973.07 9,540,255.00
Resultado Bruto (Utilidad Bruta en costo de ventas 2,706,250.23 2,785,641.28
Gastos de Operaciones (Insumos, Requerimientos,
Servicios, etc.) 50,000.00 51,466.81
Gasto de Aduanas 60,961.12 62,749.48
Gastos Fijos 50,000.00 50,000.00
Gasto de Nomina 522,240.00 537,560.53
Gasto de Publicidad 105,000.00 108,080.30
Gasto de Fletes 212,000.00 218,219.27
Gastos de Suministros 20,000.00 20,586.72
Total Gastos de Operación 1,020,201.12 1,048,663.11
Resultado de Operación (Utilidad en Operación) 1,686,049.11 1,736,978.17
Impuesto sobre la Renta (3%) 50,581.47 52,109.34
Amortización de Activos Intangibles 65,000.00 65,000.00
Gastos por Depreciación Activo Fijo 40,425.00 40,425.00
Total Otros Gastos 156,006.47 157,534.34
Resultado del Ejercicio 1,530,042.64 1,579,443.82
Fuente: Estados Financieros presentados por la empresa
Margen de Contribución 16,662.45 16,731.47
Margen de Rentabilidad 12.55% 12.81%
Costos Fijos 50,000.00 50,000.00
Costos Variables 970,201.12 998,663.11
Costos Fijos Unitario 2.76 2.75
Costos Variables Unitarios 53.59 54.85
Ingreso Medio (Precio Promedio) 673.49 677.00
Margen de Contribución Unitario 92.04% 91.90%
Cantidades de Equilibrio (Punto de Equilibrio) 80.66 80.37
Valor de Venta de Equilibrio (Punto de Equilibrio) 54,322.76 54,408.24
Ingreso Total de Equilibrio 4,381,585.31 4,372,597.81
Proyecci
3 4 5 6 7
12,461,034.82 12,597,654.98 12,735,773.02 12,875,405.36 13,016,568.60
12,461,034.82 12,597,654.98 12,735,773.02 12,875,405.36 13,016,568.60
9,594,847.55 9,649,752.49 9,704,971.62 9,760,506.73 9,816,359.63
2,866,187.27 2,947,902.49 3,030,801.41 3,114,898.64 3,200,208.97
52,954.96 54,464.71 55,996.33 57,550.09 59,126.26
64,563.87 66,404.59 68,271.97 70,166.35 72,088.05
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
553,103.93 568,872.97 584,870.43 601,099.13 617,561.94
111,205.41 114,375.88 117,592.28 120,855.18 124,165.14
224,529.02 230,930.36 237,424.42 244,012.36 250,695.33
21,181.98 21,785.88 22,398.53 23,020.03 23,650.50
1,077,539.16 1,106,834.38 1,136,553.96 1,166,703.14 1,197,287.23
1,788,648.11 1,841,068.11 1,894,247.45 1,948,195.49 2,002,921.75
53,659.44 55,232.04 56,827.42 311,711.28 320,467.48
65,000.00 65,000.00 65,000.00 65,000.00 65,000.00
40,425.00 40,425.00 40,425.00 40,425.00 40,425.00
159,084.44 160,657.04 162,252.42 417,136.28 425,892.48
1,629,563.67 1,680,411.07 1,731,995.02 1,531,059.22 1,577,029.27
16,800.87 16,870.65 16,940.82 17,011.38 17,082.33
13.08% 13.34% 13.60% 11.89% 12.12%
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
1,027,539.16 1,056,834.38 1,086,553.96 1,116,703.14 1,147,287.23
2.73 2.72 2.70 2.68 2.67
56.12 57.39 58.67 59.95 61.24
680.53 684.08 687.64 691.23 694.83
91.75% 91.61% 91.47% 91.33% 91.19%
80.08 79.78 79.49 79.20 78.92
54,493.55 54,578.68 54,663.63 54,748.41 54,833.01
4,363,579.05 4,354,529.39 4,345,449.20 4,336,338.87 4,327,198.75
Proyección
8 9 10 11 12
13,159,279.52 13,303,555.10 13,449,412.48 13,596,869.01 13,745,942.22
13,159,279.52 13,303,555.10 13,449,412.48 13,596,869.01 13,745,942.22
9,872,532.14 9,929,026.08 9,985,843.31 10,042,985.66 10,100,455.00
3,286,747.39 3,374,529.01 3,463,569.17 3,553,883.35 3,645,487.23
60,725.12 62,346.95 63,992.03 65,660.66 67,353.11
74,037.42 76,014.79 78,020.52 80,054.94 82,118.41
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
634,261.73 651,201.43 668,384.00 685,812.43 703,489.73
127,522.75 130,928.60 134,383.27 137,887.38 141,441.52
257,474.51 264,351.07 271,326.23 278,401.18 285,577.17
24,290.05 24,938.78 25,596.81 26,264.26 26,941.24
1,228,311.58 1,259,781.63 1,291,702.87 1,324,080.85 1,356,921.19
2,058,435.81 2,114,747.38 2,171,866.30 2,229,802.50 2,288,566.03
329,349.73 338,359.58 347,498.61 356,768.40 366,170.57
65,000.00 65,000.00 65,000.00 65,000.00 65,000.00
40,425.00 40,425.00 40,425.00 40,425.00 40,425.00
434,774.73 443,784.58 452,923.61 462,193.40 471,595.57
1,623,661.08 1,670,962.80 1,718,942.69 1,767,609.10 1,816,970.47
17,153.67 17,225.41 17,297.54 17,370.07 17,443.01
12.34% 12.56% 12.78% 13.00% 13.22%
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
1,178,311.58 1,209,781.63 1,241,702.87 1,274,080.85 1,306,921.19
2.65 2.64 2.62 2.61 2.59
62.54 63.85 65.16 66.48 67.80
698.45 702.09 705.75 709.43 713.12
91.05% 90.91% 90.77% 90.63% 90.49%
78.63 78.34 78.05 77.77 77.48
54,917.43 55,001.67 55,085.73 55,169.61 55,253.31
4,318,029.23 4,308,830.67 4,299,603.44 4,290,347.92 4,281,064.49
13 14 15
13,896,649.85 14,049,009.79 14,203,040.18
13,896,649.85 14,049,009.79 14,203,040.18
10,158,253.20 10,216,382.14 10,274,843.71
3,738,396.65 3,832,627.66 3,928,196.48
69,069.68 70,810.67 72,576.37 2%
84,211.29 86,333.95 88,486.73 2%
50,000.00 50,000.00 50,000.00 2%
721,418.97 739,603.25 758,045.69 19%
145,046.32 148,702.40 152,410.38 4%
292,855.44 300,237.23 307,723.82 8%
27,627.87 28,324.27 29,030.55 1%
1,390,229.58 1,424,011.76 1,458,273.55
2,348,167.07 2,408,615.90 2,469,922.93
375,706.73 385,378.54 395,187.67
65,000.00 65,000.00 65,000.00
40,425.00 40,425.00 40,425.00
481,131.73 490,803.54 500,612.67
1,867,035.34 1,917,812.36 1,969,310.26
17,516.34 17,590.09 17,664.24
13.44% 13.65% 13.87%
50,000.00 50,000.00 50,000.00
1,340,229.58 1,374,011.76 1,408,273.55
2.58 2.56 2.55
69.13 70.47 71.82
716.84 720.58 724.33
90.36% 90.22% 90.08%
77.20 76.91 76.63
55,336.83 55,420.17 55,503.32
4,271,753.49 4,262,415.32 4,253,050.34
1
0.105
0.1025
0.2
0.05
0.045
0.11
0.095
0.0975
0.005
0.19
2 3 4 5 6
0.00
0.105 0.105 0.105 0.105 0.105
0.1025 0.1025 0.1025 0.1025 0.1025
0.2 0.2 0.2 0.2 0.2
0.05 0.05 0.05 0.05 0.05
0.045 0.045 0.045 0.045 0.045
0.11 0.11 0.11 0.11 0.11
0.095 0.095 0.095 0.095 0.095
0.0975 0.0975 0.0975 0.0975 0.0975
0.005 0.005 0.005 0.005 0.005
0.19 0.19 0.19 0.19 0.19
7 8 9 10 11
0.00 0.00 0.00
0.105 0.105 0.105 0.105 0.105
0.1025 0.1025 0.1025 0.1025 0.1025
0.2 0.2 0.2 0.2 0.2
0.05 0.05 0.05 0.05 0.05
0.045 0.045 0.045 0.045 0.045
0.11 0.11 0.11 0.11 0.11
0.095 0.095 0.095 0.095 0.095
0.0975 0.0975 0.0975 0.0975 0.0975
0.005 0.005 0.005 0.005 0.005
0.19 0.19 0.19 0.19 0.19
12 13 14 15
Base de cálculo de la proyección estimada del precio del dólar a 1
0.105 0.105 0.105 0.105
0.1025 0.1025 0.1025 0.1025
0.2 0.2 0.2 0.2
0.05 0.05 0.05 0.05
0.045 0.045 0.045 0.045
0.11 0.11 0.11 0.11
0.095 0.095 0.095 0.095
0.0975 0.0975 0.0975 0.0975
0.005 0.005 0.005 0.005
0.19 0.19 0.19 0.19
o de la proyección estimada del precio del dólar a 10 años
