Financial Exercises 5: Investment Timing: Unterschied zwischen den Versionen

Financial Exercises 5: Investment Timing (Quelltext anzeigen)

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 === 4. Comparing investment proposals with different lifetimes ===
 A ski resort plans to install a new lift and is analyzing two different proposals. Proposal A requires an initial investment of 5 million Euro and annual maintenance cost of 900,000 Euro. The corresponding figures for proposal B are 3 million Euro of initial investment and 1.2 million Euro of annual maintenance cost. Proposal A has to be replaced after nine years, proposal B after six years.<br/>
-(a)	Calculate the NPV and the annuity (equal annual cost – EAC) of the lift proposals.<br/>
+a.	Calculate the NPV and the annuity (equal annual cost – EAC) of the lift proposals.<br/>
-(b)	Which is the better project if you expect to quit operations after the economic lifetime of the lift?<br/>
+b.	Which is the better project if you expect to quit operations after the economic lifetime of the lift?<br/>
-(c)	What happens if we assume annual revenues of 2 million Euro, independent of the kind of lift?<br/>
+c.	What happens if we assume annual revenues of 2 million Euro, independent of the kind of lift?<br/>
-(d)	Which lift would you buy if you plan to use similar lifts for at least 18 years?<br/>
+d.	Which lift would you buy if you plan to use similar lifts for at least 18 years?<br/>