A

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

Li sut chit khu

Gi tr hin ti

Nm
1
2
3
4
5

A
IRR
NPV
Nm
0
1
2
3
4
5

Dng tin
100
100
100
100
100

Dng tin
-400
100
100
100
100
100

Li sut chit khu

Gi tr hin ti

10%
$379.08 <-- =NPV(B2,B7:B11)

B
7.931% <-- =IRR(B19:B24)
-20.92

10%
-20.92

Nm
0
1
2
3
4
5

Bng vay n
E
F
Khon n gc
=-B19
vo
Nm
u nm
1
400.00
2
331.72
3
258.03
4
178.50
5
92.65
=F20-I20

Dng tin
-400
100
100
100
100
100

G
Thanh ton
vo
cui nm
100
100
100
100
100
=$B$15*F20

H
I
J
1
2
3 <-- =G7+NPV(G2,G8:G12)
4
5
6
7
8
9
10
11
12
13
14
15
16
H
I
17
Bng hon tr
18
19 Li vay
N gc
20
31.72
68.28
21
26.31
73.69
22
20.46
79.54
23
14.16
85.84
24
7.35
92.65
25
=$B$15*F20
26
27

=G20-H20

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Vay n u t
IRR?

1000
24.44%

Bng vay n
=B2
Khon n gc vo
u nm
1000.00
944.36
975.13
1063.41
723.26
0.00

Nm
1
2
3
4
5
6
=B11-E11

Thanh ton
vo
cui nm
300
200
150
600
900
=$B$3*B11

Tnh ton IRR trc tip

Nm

Dng tin
0
1
2
3
4
5

IRR

-1000
300
200
150
600
900
24.44% <-- =IRR(B23:B28)

Bng hon tr
244.36
55.64
230.76
-30.76
238.28
-88.28
259.86
340.14
176.74
723.26

=C11

G
1
2
3
4
5
6
7
8
9
10
=C11-D11
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

IRR a tr
Li sut chit khu
NPV

6%
-3.99 <-- =NPV(B3,B9:B13)+B8

Nm
0
1
2
3
4
5

Bng d liu
Li sut
chit khu

Dng tin
-145
100
100
100
100
-275

10.00
5.00
0.00
NPV

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

-5.00

0%

10%

20%

30%

40%

50%
Series1

-10.00

0%
3%
6%
9%
12%
15%
18%
21%
24%
27%
30%
33%
36%
39%

-15.00
-20.00
-25.00
LSCK

Nhn din 2 IRR

IRR th nht
IRR th hai

8.78% <-- =IRR(B8:B13,0)

26.65% <-- =IRR(B8:B13,0.3)

Year Cash flow

0
-800
1
100
2
100
3
100
4
100
5
100
6
100
7
100
8
1100
IRR

14.36%

Data table: Effect of

discount rate on NPV.
1000.00
0%
1000.00
2%
786.04
4%
603.96
6%
448.39
8%
314.93
10%
200.00
12%
100.65
14%
14.45
16%
-60.62
18%
-126.21
20%
-183.72

A
51
52

=IRR(D66:D74)

NPV

1
2
3
Bng
4 d liu
5
6
NPV
7
-3.99 TR RA KHI QUT V TH
8
-20.00
9
-10.51
10
-3.99
11
0.24
12
2.69
13
3.77
14
3.80
15
3.02
16
1.62
17
-0.24
18
-2.44
19
-4.90
20
-7.53
21
-10.27
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Table header
36
=NPV(F65,D67:D74)+D66
37
38
39
NPV of Bond Cash Flows
40
41
1.2
42
1
0.8
43
0.6
44
0.4
45
0.2
46
0
47
0
0.5
1
48
Discount rate
49
50

1.5

H
51
52

1 Dng tin ca tri phiu

2
3
Nm
Dng tin
4
0
-800
5
1
100
6
2
100
7
3
100
8
4
100
9
5
100
10
6
100
11
7
100
12
8
1100
13
14 IRR
14.36% <-- =IRR(B4:B12)
15
16
17

Tiu ca bng tnh

=NPV(F5,B5:B12)+B4

Bng d liu
Li sut chit khu
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%

1000.00
1000.00
786.04
603.96
448.39
314.93
200.00
100.65
14.45
-60.62
-126.21
-183.72

NPV dng tin ca tri phiu

NPV ($)

1200
1000
800
600
400
200
0
-200 0%
-400

1
2
u ca bng tnh
3
NPV(F5,B5:B12)+B4
4
5
NPV6dng tin ca tri phiu
7
8
9
10
11
12
13
10%
20%
14
15
li sut chit khu
16
17

30%

A
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2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

Bng k hoch hon tr vi khon hon tr bng nhau

Khon n gc
Li sut
Thi gian vay (nm)
Tng s thanh ton hng nm

10,000
7%
6
2,097.96 <-- c tr vo cui mi nm

Nm

=C11-F11

1
2
3
4
5
6

N gc
vo u
nm
?
?
?
?
?
?

Thanh ton
vo cui
Hon tr
nm
Li vay n gc
?
?
?
?
?
?
?
?
?
?
?
?
?
?
?
?
?
?

=$B$4*C11

=D11-E11

nhau

1
2
3
4
5
6
7
8
=$B$4*C11
9
10
11
12-E11
13
14
15
16

1
V d n gin v gi tr tng lai
2
3 Li sut
10%
4
5 Nm
S d
Li sinh ra
Tng s
6
ti khon
trong nm
tin vo
7
vo u nm
cui nm
8
0
?
?
?
<-- =C8+B8
9
1
?
?
?
10
2
?
?
?
=$B$3*B8
11
3
?
?
?
12
4
?
?
?
13
5
?
?
?
14
6
?
?
?
15
7
?
?
?
16
8
?
?
?
17
9
?
?
?
18
10
?
?
?
19
=D8
20
21 Cng thc thc hin n gin
2593.74 <-- =1000*(1+B3)^10

A
1
2
3 Li sut
4
5 Nm
6
7
8
0
9
1
10
2
11
3
12
4
13
5
14
6
15
7
16
8
17
9
18
10
19
20
21

Gi tr tng lai ca mt chui dng tin pht sinh hng hm

10%
S d
ti khon
vo u nm
?
?
?
?
?
?
?
?
?
?

Khon tin Li sinh ra

k thc
trong nm
mi nm
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?
1,000
?

Tng s
tin vo
cui nm
?
?
?
?
?
?
?
?
?
?

<-- =D8+C8+B8
=$B$3*(C8+B8)

=E8
Gi tr tng lai

<-- =FV(B3,A18,-1000,,1)

A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Bi ton qu hu bng
Li sut
Khon tin gi hng nm
Khon rt vn hng nm

8%
29,387
30,000
Nm

0
1
2
3
4
5
6
7
8
9
10
11
12
T s
Mu s
Khon tin gi hng nm

S d
ti khon
vo u nm
?
?
?
?
?
?
?
?
?
?
?
?
?

126,718.54 <-- =1/(1+B3)^4*PV(B3,8,-30000)

4.31 <-- =PV(B3,5,-1,,1)
29,386.55 <-- =B24/B25

Khon tin
k gi
mi nm
29,387
29,387
29,387
29,387
29,387
-30,000
-30,000
-30,000
-30,000
-30,000
-30,000
-30,000
-30,000

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Li sinh ra
trong nm

Tng s
tin vo
cui nm
?
?
?
?
?
?
?
?
?
?
?
?
?

=$B$3*(D10+C10)

?
?
?
?
?
?
?
?
?
?
?
?
?

<-- =E10+D10+C10

S k ghp li trong nm tin v v hn

Khon tin gi ban u
Li sut
S k ghp li trong nm
Li sut tng ng 1 k ghp li
Gi tr tng ln sau 1 nm
Ghp li v hn Exp

1,000
5%
2
?
?
?

S k ghp Gi tr tng ln
li trong
vo cui nm
mt nm
?
1
?
2
?
10
?
20
?
50
?
100
?
150
?
300
?
800
?

=B3*EXP(

Li sut

Tc ng ca s k
Gi tr gia tng vo cui
nm

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

1.00
0.90
0.80
0.70
0.60
0.50
0.40
0.30
0.20
0.10
0.00
1

S k ghp l

8%

Nm Dng tin
Hin gi vi tha s chit khu c k ghp li v hn
1
100
?
2
200
?
3
300
?
4
350
?
5
400
?
Hin gi

Tin k thc ban u

Gi tr vo cui nm
S k ghp li trong mt nm
TSSL (li sut) tng ng mt nm

1,000
1,200
2
?

TSSL tng ng mt nm khi s k

ghp li trong nm l v hn

Tc ng
ca s k ghp li trong nm
2

3
4
5
6
7
8
9
10
11
12
10
100
13
14
S k ghp li trong mt nm
15
16
17
18
19
20
21
22
23
24
25
chit khu c k
26ghp li v hn
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

1000