Exerccio D

VA 1200
T 1 ano
im (fixa) 15%
m 12

a. i 1.25%

b. ie 16.08%

c. m 12 prestaes

d. renda 108.31 euros

e. t Juros Amortizao Prestao Capital em dvida

0 -1,200.00 1,200.00
1 15.00 93.31 108.31 1,106.69
2 13.83 94.48 108.31 1,012.21
3 12.65 95.66 108.31 916.56
4 11.46 96.85 108.31 819.70
5 10.25 98.06 108.31 721.64
6 9.02 99.29 108.31 622.35
7 7.78 100.53 108.31 521.82
8 6.52 101.79 108.31 420.03
9 5.25 103.06 108.31 316.97
10 3.96 104.35 108.31 212.62
11 2.66 105.65 108.31 106.97
12 1.34 106.97 108.31 -0.00

g.
t Juros Amortizao Prestao Capital em dvida
0 -1,200.00 1,200.00
1 15.00 100.00 115.00 1,100.00
2 13.75 100.00 113.75 1,000.00
3 12.50 100.00 112.50 900.00
4 11.25 100.00 111.25 800.00
5 10.00 100.00 110.00 700.00
6 8.75 100.00 108.75 600.00
7 7.50 100.00 107.50 500.00
8 6.25 100.00 106.25 400.00
9 5.00 100.00 105.00 300.00
10 3.75 100.00 103.75 200.00
11 2.50 100.00 102.50 100.00
12 1.25 100.00 101.25 0.00
Exerccio G

Projecto A Projecto B
Anos Cash flows Anos Cash flows
esperados esperados
EUR EUR
0 -400,000 0 -400,000
1 300,000 1 100,000
2 200,000 2 200,000
3 100,000 3 300,000

y 22%

VAL
e. Projecto A 35,344.81
Projecto B ###

b. TIR
Projecto A 28.86%
Projecto B 19.44%
 Exerccio I

VN 100.00 USD
T 10 anos
i 15.00%

i.
t B t,T

0 24.72
1 28.43
2 32.69
3 37.59
4 43.23
5 49.72
6 57.18
7 65.75
8 75.61
9 86.96
10 100.00

Bt,T
120.00

100.00

80.00

60.00

40.00

20.00

0.00
0 1 2 3 4 5 6 7 8 9 10
Exerccio K

VN 100.00
i 4.2%
T 8 anos

c. t cupo VN Cash Flow (CF)

0 0.00
1 4.20
2 4.20
3 4.20
4 4.20
5 4.20
6 4.20
7 4.20 100.00
0 0
0 4.20
0 4.20
0 4.20
0 4.20
0 4.20
0 4.20
104.20

d. ytm 5.50%

t CFt CFA
1 4.20 3.98
2 4.20 3.77
3 4.20 3.58
4 4.20 3.39
5 4.20 3.21
6 4.20 3.05
7 104.20 71.63

"Justo Valor" 92.61 euros

e. t CFA Peso
1 3.98 4.30%
2 3.77 4.07%
3 3.58 3.86%
4 3.39 3.66%
5 3.21 3.47%
6 3.05 3.29%
8 71.63 77.35%

h. Preo de mercado unitrio 105.12 euros

t cupo VN Preo CFt

0 0 0 -105.12 -105.12
1 4.20 0 0 4.20
2 4.20 0 0 4.20
3 4.20 0 0 4.20
4 4.20 0 0 4.20
5 4.20 0 0 4.20
6 4.20 0 0 4.20
7 4.20 100.00 0 104.20
Exerccio K

j. CFt Yield-to-maturity
3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00%
1 4.20 4.08 4.07 4.06 4.05 4.04 4.03 4.02 4.01 4.00 3.99 3.98 3.97 3.96
2 4.20 3.96 3.94 3.92 3.90 3.88 3.86 3.85 3.83 3.81 3.79 3.77 3.76 3.74
3 4.20 3.84 3.82 3.79 3.76 3.73 3.71 3.68 3.65 3.63 3.60 3.58 3.55 3.53
4 4.20 3.73 3.70 3.66 3.62 3.59 3.56 3.52 3.49 3.46 3.42 3.39 3.36 3.33
5 4.20 3.62 3.58 3.54 3.49 3.45 3.41 3.37 3.33 3.29 3.25 3.21 3.18 3.14
6 4.20 3.52 3.47 3.42 3.37 3.32 3.27 3.23 3.18 3.13 3.09 3.05 3.00 2.96
7 104.20 84.72 83.30 81.90 80.53 79.18 77.86 76.57 75.30 74.05 72.83 71.63 70.45 69.30

"Justo-Valor" 107.48 105.86 104.28 102.73 101.20 99.70 98.23 96.79 95.37 93.98 92.61 91.27 89.95

ytm "Justo-Valor"
"Justo-Valor"
3.00% 107.48
110.00
3.25% 105.86
3.50% 104.28
3.75% 102.73 105.00
4.00% 101.20
4.25% 99.70 100.00
4.50% 98.23
4.75% 96.79
95.00
5.00% 95.37
5.25% 93.98
5.50% 92.61 90.00

5.75% 91.27
6.00% 89.95 85.00

80.00
3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00%