caso:4

enero febrero marzo abril mayo junio

Inversión activo 1200000

No. De dptos Lima 220 180 280 190 310 270

Precio Lima 306800 306800 306800 306800 306800 306800
No. De dptos Ica 100 120 130 180 110 210
Precio Ica 188800 188800 188800 188800 188800 188800
No. De dptos Trujillo 90 110 100 120 70 190
Precio Trujillo 224200 224200 224200 224200 224200 224200
Ingreso total 106554000 102542000 132868000 119180000 131570000 165082000

Cobranza
Cuota inicial 21310800
887950 887950 887950 887950 887950 887950
854516.66667 854516.666667 854516.666667 854516.666667 854516.66666667
1107233.33333 1107233.33333 1107233.33333 1107233.3333333
993166.666667 993166.666667 993166.66666667
1096416.66667 1096416.6666667
1375683.3333333
Total ingreso real 22198750 1742466.6667 2849700 3842866.66667 4939283.33333 6314966.6666667
EGRESOS
Numero de edificios 2.27 2.73 2.95 4.09 2.50 4.77
Pago terreno 4090909.0909 4909090.9091 5318181.81818 7363636.36364 4500000 8590909.0909091
Pago edificacion 9000000 5500000 10500000
Pago equipos 2895454.54545 4009090.90909 2450000 4677272.7272727
Total egreso real 4090909.0909 4909090.9091 8213636.36364 20372727.2727 12450000 23768181.818182
Flujo efectivo 18107840.91 -3166624.24 -5363936.36 -16529860.61 -7510716.67 -17453215.15
Saldo inicial 4550000 22657840.91 19491216.67 14127280.30 -2402580.30 -9913296.97
Saldo final 22657840.91 19491216.67 14127280.30 -2402580.30 -9913296.97 -27366512.12
Costo por edificio
Terreno 1800000

Edificación 2200000
Equipos y muebles 980000
Costo total 4980000
1 edificio 44 dptos.
caso:6 Opción 1 TET 2.41%
TEA 10%
Leasing
0 1 2 3 4 5
1420000 34241.438499912 34241.4385 34241.4385 34241.4385 34241.4385

6 7 8 9 10 11
34241.4384999121 34241.438499912 34241.4385 34241.4385 34241.4385 34241.4385

12 13 14 15 16 17
34241.4384999121 34241.438499912 34241.4385 34241.4385 34241.4385 34241.4385

18 19 20 21 22 23
34241.4384999121 34241.438499912 34241.4385 34241.4385 34241.4385 34241.4385

VAN S/1,420,054.60

Opción 2 TEM 1.02%

Prestamo TEA 13%

0 1 2 3 4 5
1420000 14536.318988611 14536.319 14536.319 14536.319 14536.319

6 7 8 9 10 11
14536.3189886105 14536.318988611 14536.319 14536.319 14536.319 14536.319

12 13 14 15 16 17
14536.3189886105 14536.318988611 14536.319 14536.319 14536.319 14536.319

18 19 20 21 22 23
14536.3189886105 14536.318988611 14536.319 14536.319 14536.319 14536.319

24 25 26 27 28 29
14536.3189886105 14536.318988611 14536.319 14536.319 14536.319 14536.319

30 31 32 33 34 35
14536.3189886105 14536.318988611 14536.319 14536.319 14536.319 14536.319

Opcion 3
Bonos Saldo Flujo VPN
TES 3.92% 0 1000 S/1,198.97
TEA 8% 1 1000 -39.230485
2 1000 39.2304845
3 1000 39.2304845
4 1000 39.2304845
5 1000 39.2304845
6 1000 39.2304845
7 1000 39.2304845
8 1000 39.2304845
9 1000 39.2304845
10 1000 39.2304845
11 1000 39.2304845
12 1000 39.2304845
13 1000 39.2304845
14 1000 39.2304845
15 1000 39.2304845
16 1000 39.2304845
17 1000 39.2304845
18 1000 39.2304845
19 1000 39.2304845
20 1000 39.2304845
 21 1000 39.2304845
22 1000 39.2304845
23 1000 39.2304845
24 1039.23048

Opción 4
Aciones Van 3800642.03
S/10,858.98

RESPUESTA: La opcion a elegir es bonos

 24 25 26 27 28 29
34241.4385 34241.4384999121 34241.4385 34241.4385 34241.4385 34241.4385

30 31 32 33 34 35
34241.4385 34241.4384999121 34241.4385 34241.4385 34241.4385 34241.4385

36 37 38 39 40 41
34241.4385 34241.4384999121 34241.4385 34241.4385 34241.4385 34241.4385

42 43 44
34241.4384999121 34241.4385 34241.4385

36 37 38 39 40 41 72 73 74 75
14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

42 43 44 45 46 47 78 79 80 81
14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

48 49 50 51 52 53 84 85 86 87
14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

54 55 56 57 58 59 90 91 92 93
 14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

60 61 62 63 64 65 96 97 98 99
14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

66 67 68 69 70 71 102 103 104 105

14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319 14536.319

Numero de b 1420
VAN S/1,702,541.73
 76 77 108 109 110 111 112 113
14536.319 14536.319 14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319

82 83 114 115 116 117 118 119 120

14536.319 14536.319 14536.319 14536.3189886105 14536.319 14536.319 14536.319 14536.319 14536.319

88 89
14536.319 14536.319 VAN S/1,420,377.04

94 95
14536.319 14536.319

100 101
14536.319 14536.319

106 107
14536.319 14536.319
caso:9 BONO: 25 000000

TASA: S/ 90,000,000.00
EMISION: S/ 86,250,000.00
RESOLUCION: S/ 8,625,000.00
S/ 77,625,000.00

BONO RESTANTE S/ 90,000,000

S/ 25,000,000
S/ 65,000,000

S/ 61,750,000

a) Si conviene porque al redimir los bonos nuevos al 15% generan mayor interes

b) S/ 77,625,000.00