Page 47 - Demo

%u062c%u0645%u064a%u0639 %u0627%u0644%u062d%u0642%u0648%u0642 %u0645%u062d%u0641%u0648%u0638%u0629 %u0640 %u0627%u0625%u0644%u0639%u062a%u062f%u0627%u0621 %u0639%u0649%u0644 %u062d%u0642 %u0627%u0645%u0644%u0624%u0644%u0641 47 %u0628%u0627%u0644%u0646%u0633%u062e %u0623%u0648 %u0627%u0644%u0637%u0628%u0627%u0639%u0629 %u064a%u0639%u0631%u0636 %u0641%u0627%u0639%u0644%u0647 %u0644%u0644%u0645%u0633%u0627%u0626%u0644%u0629 %u0627%u0644%u0642%u0627%u0646%u0648%u0646%u064a%u0629PV year 1 = 1,005,386/ (1+ .06) =948,477PV year 2 = 972,973/ (1+ .06)2 =865,943PV year 3 = 942,029/ (1+ .06)3 = 790,946%uf06c The total present value of the loan installment and interest= 948,477 + 865,943 + 790,946 = $2,605,366%uf06c The value of the loan in dollars = 15000,000 /5.60 = $2,678,571%uf06c The present value of the benefits or losses for this loan (The difference)= 2,678,571 - 2,605,366 = $73,205The difference is positive, so there are benefits from this financial opportunity, and the international company can accept this opportunity.Exchange rate fluctuations and sensitivity analysis 18:If PPP is not expected to hold between the two countries, it will be difficult to accurately forecast exchange rates in the coming years. To solve this problem, sensitivity analysis is used. With sensitivity analysis, different estimates are developed for exchange rates, expected inflation rates, cost and pricing estimates, and other inputs to give the manager a more complete picture of the planned capital investment.%uf0b7 Example 3ABC, Inc., an American company, wants to invest in a new project in Singapore. The discount rate for this project is15%. The company has anticipated fluctuations in the exchange rate between the Singapore dollar S and the US dollar. Therefore, it developed scenarios for this price. The data prepared for this project was as follows (note that the initial investment is in US dollars $ and annual cash flows are in Singapore dollars SS:18 --Eun, C. S., & Resnick, B. G. (2012). International financial, edition Six, McGraw Hill.