Sie sind auf Seite 1von 5

3.

Chapter III, Problem 1


Project Tuff Wheels
a. The yearly cash flows and NET PRESENT VALUE are shown below:

b. If the actual sales are 50,000 per year, the value of NET PRESENT VALUE is decreasing more than 50%. If the actual sales are 70,000 per
year, the value of NET PRESENT VALUE is increasing more than 50%.




c. By changing of discount rate to 9%, 10%, and 11%, the value of NET PRESENT VALUE keeps decreasing about 2.5%.










4. Chapter III, Problem 2
a. The yearly cash flows and NET PRESENT VALUE are shown below:


b. If unit price $50 higher in both years, then value of NET PRESENT VALUE increases. Therefore, additional investment is worthy.

c. If sales are only 200,000 the first year and 100,000 the second year, the value of NET PRESENT VALUE decreases 500%. Therefore, Perot
absolutely does not want to do the project.