(精)第5章 长期投资的评估方法.pptVIP

* Click on the Excel icon to go to an embedded Excel worksheet that has example cash flows, along with the correct and incorrect ways to compute NPV. Click on the cell with the solution to show the students the difference in the formulas. Again, note that when we add the initial investment, this is a negative number. * Click on the Excel icon to go to an embedded spreadsheet so that you can illustrate how to compute IRR on a spreadsheet. 第5章 长期投资的评估方法 周小春 rachelzhou@scau.edu.cn 引文 2008年，北美汽车制造业遭遇了产能过剩问题。据统计，通用汽车多达12加工厂超过实际需要。但与此同时，丰田公司宣布在密西西比图柏洛新建8家北美汽车装配厂的计划，总投资13亿美元。 丰田公司的投资决策符合股东价值最大化吗？如