加拿大数学论文代写：净现值

加拿大数学论文代写：净现值

净现值：NPV（净现值）投资评估方法是接受项目，积极npv.npv通过贴现现金流出和流入的资本投资项目选择的目标投资回报率或成本获得的值（这里是资本即WACC加权平均成本）。虽然净现值法在技术上优于IRR，计算更简单，但仍有缺点。它比资本收益率长期难以计算（ROCE）或投资回收期方法。这是净现值法的一个主要缺陷，非会计人员或对账目和财务基本了解的人很难得出NPV的最终准确数字。它的计算包括找到准确的贴现率。折现率的1%甚至2%的微小变化会在很大程度上扭曲结果。

内部收益率（IRR）的投资评估方法是接受那些IRR（净现值为零的比率）超过目标收益率的项目。

当现金流是传统的（即第一次负现金流，然后是正现金流）时，这通常是有用的。如果在几年内现金流是正的，然后是负的，然后又是正的；IRR方法可能会产生不同的结果。此外，它还考虑了资金的时间价值和项目现金流的所有时间。

另一方面，它没有考虑到项目中任何变量变化的敏感性。IRR完全忽略了投资的相对大小。

折现回收期：折现回收期（以年为单位），是指从资本投资项目的适当资本成本折现现金流入等于现金流出的时间。

加拿大数学论文代写：净现值

NPV: The NPV (Net Present Value) method of investment appraisal is to accept projects with a positive NPV.NPV is the value obtained by discounting all cash outflows and inflows of a capital investment project by a chosen target rate of return or cost of capital (here it is the weighted average cost of capital i.e. WACC). Even though the NPV method is technically superior to IRR and simpler to calculate, but it still has its drawbacks. It is lengthier and harder to calculate than Return on Capital Employed (ROCE) or payback period methods. This is a major drawback of NPV, and non-accountants or people with just basic understanding of accounts and finance find it hard to arrive at a final and accurate figure for NPV. Its calculation involves finding an accurate discount rate. A slight change of even 1% or 2% in the discount rate can distort the results to a great extent.

IRR: The Internal Rate of Return (IRR) method of investment appraisal is to accept those projects whose IRR (the rate at which the NPV is zero) exceeds a target rate of return.

This is mostly useful when cash flows are conventional (i.e. first negative cash flows, then a stream of positive cash flows). If in some years cash flow is positive, then negative, and then positive again; there may arise different results from the IRR method. Moreover, it considers the time value of money and all of a project’s cash flows.

On the other hand it doesn’t take into account the sensitivity of change of any variable in the project. IRR completely ignores the relative sizes of investments.

Discounted Payback Period: Discounted Payback Period (expressed in years) is the time it takes the cash inflows discounted at an appropriate cost of capital from a capital investment project to equal the cash outflows.