INVESTIMENTO

VALOR PRESENTE DOS BENEFICIOS

P
R$ 5,750,000.00
R$ 74,750,000.00
Q
R$ 2,300,000.00
R$ 2,530,000.00
R
R$ 1,150,000.00
R$ 1,207,000.00
S
R$ 4,600,000.00
R$ 5,635,000.00
T
R$ 3,450,000.00
R$ 4,140,000.00
ORAMENTO R$ 11,500,000.00
VPL DE P
R$ 15,465,517.24
VPL DE Q
R$ 13,385,245.90
VPL DE R
R$ 12,500,000.00
VPL DE S
R$ 14,907,407.41
VPL DE T
R$ 14,153,846.15
LETRA A
LETRA B
LETRA C
LETRA D
LETRA E

R$ 43,004,609.30
R$ 42,872,924.65
R$ 43,758,170.55
R$ 41,350,763.14
R$ 54,946,499.46

TIR
45%
22%
15%
35%
30%

PRAZO
0
1
2
3
4
VPL

R$
R$
R$
R$
R$

FLX
TIR
(120,000.00)
30,000.00
25,000.00
30,000.00
30,000.00

(R$ 29,036.27)

10%

A Taxa Interna de Retorno a taxa de juros que anula o valor presente lquido
do fluxo de caixa do investimento. A TIR aquela que torna VPL = 0.
O grfico mostra claramente que VPL = 0 para uma taxa de 20%.
Letra C

PRAZO
0
1
2
3
4
VPL

R$
R$
R$
R$
R$

FLX
TIR
(800,000.00)
200,000.00
250,000.00
300,000.00
400,000.00
R$ 87,029.57

10%

VPL
Taxa
VFL

R$ 1,000.00
10%
R$ 1,200.00

Valor Maximo

R$

90.00