Moscow Institute of Management and Law
Task 1
As the investment project known data on the amounts of investments and the projected value of cash flow from operating activities (mln. Rubles.):

Index
The steps of calculation (year)

0
1
2
3
4
5

Investment
15
5





Cash flow from operating activities

5
8
10
10

1. Calculate the investment project performance indicators: net present value, profitability index, payback period and internal rate of return. The discount rate equal to 14% of the take.
2. Determine how to change the value of these indicators when changing the discount rate to 20%.
3. Draw conclusions.
Task 2
Compare which option is most effective investments. The discount rate on the compared alternatives is 14%. Draw conclusions.
Index
The steps of calculation (year)

0
1
2
3
4
5

Project A

Initial investment
15
5





Cash flow from operating activities

5
8
10
10

Index
The steps of calculation (year)

0
1
2
3
4
5

Initial investment
15
5





Cash flow from operating activities


10
10
8
5

Activity 3
Determine the amount of funds needed to finance the capital investment in the coming year if:
- The intended release of funds by reducing the balance of current assets is 20 million. Rub .;
- Actual balances of accounts payable at beginning of year - 150 mln. Rub .;
- Stable liabilities at the end of the year - 50 million. Rub .;
- The volume of construction works - 1.2 billion. Rubles.
Task 4
Calculate the weighted average cost of investment resources, if:
- Future holders of ordinary shares in 1000 1,000,000 rubles., Placed at par value, the expected dividends in the amount of not less than 25% per annum;
- The coupon yield in 1000 bonds with par value of 100,000 rubles .;
- Calculated on the basis of 30% per annum.
Task 5
The cost of lease of equipment - 500 mln. Rub. Leasing period - 2 years. The rate of depreciation on the full restoration of equipment - 10% per annum. The interest rate on loans - 30% per annum. The agreed commission percentage lease - 4% per annum. The lessor provides the user a number of services for technical inspection of equipment and advice for travel expenses that are charged in the amount of 2.5 mln. Rub., And payment advice - 3.5 mln. Rubles. Calculate the value of the lease payments.
Task 6
Investments in each of the two projects is 600 mln. Rubles. Receipt of income from the first three years of the project amounted to 80 mln. Rubles., 90 mln. Rub., 70 mln. Rub., And the second project - 60 mln. Rub., 60 mln. Rubles. and 100 million. rubles. Determine the economically beneficial project at the rate of 12% of the comparison.
Task 7
There are two contracts for the construction of the same object of 300 mln. Rubles. and 600 mln. rubles. It is expected to attract a loan for a period of 4 years at 20% per annum and for a period of 5 years at 25% per annum. Identify cost-effective option of building at the rate of 18% of the comparison.
Task 8
On the basis of the following data is required to determine:
Return on capital expenditures. Simple rate of return.
Key areas of work to ensure increased economic efficiency of investments.
The volume of sales during the period totaled 11,000 thousand. Rub .; growth due to the implementation of the capital cost is 20%; the profitability of 18%; the capital cost of periods of 450 thousand. rub. Deductions from income to the budget 24%.
Task 9
On the basis of the following information is required:
1. Determine the planning year overall profit margin, net income and earnings allocated for investment.
2. Areas of work capacity allocations for development of the company by improving the efficiency of investment and use of the potential.
To solve the problems, use the following