第6章_贴现现金流估价精要.pptVIP

PV0 = 1000×PVIFA9%,4 +2000×PVIF9%,5 ~ 9+3000×PVIF9%,10 = 1000×3.239＋2000×2.755＋3000×0.422 = 3239 ＋5510 ＋1266 = 10015 (元) 6.5 概要与总结 计算多期现金流量现值与终值的方法； 计算普通年金的现值与终值； 实际利率与报价利率的转换； APR和EAR； 分期偿还贷款。 * * * * * * * It is important to note to students that in this example the year 1 cash flow was given. If the current dividend were $1.30, then we would need to multiply it by one plus the growth rate to estimate the year 1 cash flow. * * * 6.3 比较利率：复利的影响 6.3.1 实际年利率和复利 实际年利率(effective annual rate, EAR) 设定利率（stated interest rat