Esame completo di Finance and Management of Infrastructure Investments per il corso di Mobility Engineering presso Politecnico di Milano. Materiale proveniente dall’archivio storico Studwiz e classificato per la consultazione online.
Esame completo di Finance and Management of Infrastructure Investments per il corso di Mobility Engineering presso Politecnico di Milano. Materiale proveniente dall’archivio storico Studwiz e classificato per la consultazione online.
Qualità dell’importazione: il testo è stato estratto direttamente dal documento originale.
Passaggi rappresentativi riconosciuti nelle diverse parti del materiale. Il testo completo resta presente nella pagina per la ricerca, mentre l’anteprima compatta rende più semplice la lettura.
Section I – Q1 The following projects are assigned. For both project A and project B compute the following indicators: ▪ Net Present Value; ▪ Payback Time; ▪ Internal Rate of Return. With reference to each single indicator, please, discuss which investment is preferable and motivate the choice. Project A Year 1 Year 2 Year 3 Year 4 Discount Rate Revenues 0.00 € 100 000.00 € 110 000.00 € 70 000.00 € 3% Operating Costs 0.00 € 40 000.00 € 50 000.00 € 60 000.00 € Initial Investment 100 000.00 € Project B Year 1 Year 2 Year 3 Year 4 Discount Rate Revenues 0.00 € 100 000.00 € 130 000.00 € 350 000.00 € 3% Operating Costs 0.00 € 60 000.00 € 80 000.00 € 60 000.00 € Initial Investment -200 000.00 € Section I – Q1 (Solution: Financial Analysis) ▪ NPV: Project B is better since NPV B > NPV A. ▪ PBT: Project A is better since PBT A < PBT B. ▪ IRR: Project B is better since IRR B > IRR A Project A Year 1 Year 2 Year 3 Year 4 Discount Rate Revenues 0.00 € 100 000.00 € 110 000.00 € 70 000.00 € 3% Operating Costs 0.00 € 40 000.00 € 50 000.00 € 60 000.00 € Initial Investment 100 000.00 € CF A -100 000.00 € 60 000.00 € 60 000.00 € 10 000.00 € Discounted Cash Flows -97 087.38 € 56 555.75 € 54 908.50 € 8 884.87 € Cumulated Discounted Cash Flows -97 087.38 € -40 531.62 € 14 376.88 € 23 261.75 € NPV 23 261.75 € PBT year 3 IRR 0.180 Project B Year 1 Year 2 Year 3 Year 4 Discount Rate Revenues 0.00 € 100 000.00 € 130 000.00 € 350 000.00 € 3% Operating Costs 0.00 € 60 000.00 € 80 000.00 € 60 000.00 € Initial Investment 200 000.00 € CF A -200 000.00 € 40 000.00 € 50 000.00 € 290 000.00 € Discounted Cash Flows -194 174.76 € 37 703.84 € 45 757.08 € 257 661.24 € Cumulated Discounted Cash Flows -194 174.76 € -156 470.92 € -110 713.84 € 146 947.41 € NPV 146 947.41 € PBT year 4 IRR 0.280 Section I –…
Prima pagina del documento.
