财务管理基础3文档.pptVIP

0 1 2 3 4 5 $600 $600 $400 $400 $100 10% $1,041.60 $ 573.57 $ 62.10 $1,677.27 = PV0 of Mixed Flow [Using Tables] $600(PVIFA10%,2) = $600(1.736) = $1,041.60 $400(PVIFA10%,2)(PVIF10%,2) = $400(1.736)(0.826) = $573.57 $100 (PVIF10%,5) = $100 (0.621) = $62.10 “Group-At-A-Time” (#1) 0 1 2 3 4 $400 $400 $400 $400 PV0 equals $1677.30. 0 1 2 $200 $200 0 1 2 3 4 5 $100 $1,268.00 $347.20 $62.10 Plus Plus “Group-At-A-Time” (#2) Use the highlighted key for starting the process of solving a mixed cash flow problem Press the CF key and down arrow key through a few of the keys as you look at the definitions on the next slide Solving the Mixed Flows Problem using CF Registry Source: Courtesy of Texas Instruments Defining the calculator variables: For CF0: This is ALWAYS the cash flow occurring at time t=0 (usually 0 for these problems) For Cnn:* This is the cash flow SIZE of the nth group of cash flows. Note that a “group” may only contain a single cash flow (e.g., $351.76). For Fnn:* This is the cash flow FREQUENCY of the nth group of cash flows. Note that this is always a positive whole number (e.g., 1, 2, 20, etc.). * nn represents the nth cash flow or frequency. Thus, the first cash flow is C01, while the tenth cash flow is C10. Solving the Mixed Flows Problem using CF Registry Steps in the Process Step 1: Press CF key Step 2: Press 2nd CLR Work keys Step 3: For CF0 Press 0 Enter ↓ keys Step 4: For C01 Press 600 Enter ↓ keys Step 5: For F01 Press 2 Enter ↓ keys Step 6: For C02 Press 400 Enter ↓ keys Step 7: For F02 Press 2 Enter ↓ keys Solving the Mixed Flows Problem using CF Registry Steps in the Process Step 8: For C03 Press 100 Enter ↓ keys Step 9: For F03 Press 1 Enter