22.

456% ATA
a 32.258% EA
b 28.287% AMV
c 2.357% mensual 28.959% ATV
d 15.004% semestral 0.07239761 trimestral
e 6.751% trimestral anticipada
 Credito $ 2,550,000,000
n 5 años
interes 16.50% EA
fecha 1-Sep-17
cuota $ 61,160,303.43 mensual $ 217,098,654.91 trimestral
T
AMV 0.15369704 Periodo
mensual 0.01280809 0
ATV 0.15567401 1
trimestral 0.0389185 2
3
Tabla de respuestas del punto 2 4
A $ 61,160,303.43 5
B $ 1,515,484,948.14 6
C $ 217,098,654.91 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

T
Periodo
0
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
 Tabla de desarrollo para el punto B
Saldo inicial Intereses Capital Cuota Saldo final
$ 2,550,000,000
$ 2,550,000,000 $ 32,660,622 $ 28,499,681.37 $ 61,160,303.43 $ 2,521,500,318.63
$ 2,521,500,319 $ 32,295,596 $ 28,864,707.77 $ 61,160,303.43 $ 2,492,635,610.86
$ 2,492,635,611 $ 31,925,894 $ 29,234,409.46 $ 61,160,303.43 $ 2,463,401,201.40
$ 2,463,401,201 $ 31,551,457 $ 29,608,846.32 $ 61,160,303.43 $ 2,433,792,355.08
$ 2,433,792,355 $ 31,172,224 $ 29,988,079.00 $ 61,160,303.43 $ 2,403,804,276.07
$ 2,403,804,276 $ 30,788,134 $ 30,372,168.93 $ 61,160,303.43 $ 2,373,432,107.14
$ 2,373,432,107 $ 30,399,125 $ 30,761,178.32 $ 61,160,303.43 $ 2,342,670,928.82
$ 2,342,670,929 $ 30,005,133 $ 31,155,170.17 $ 61,160,303.43 $ 2,311,515,758.66
$ 2,311,515,759 $ 29,606,095 $ 31,554,208.30 $ 61,160,303.43 $ 2,279,961,550.36
$ 2,279,961,550 $ 29,201,946 $ 31,958,357.35 $ 61,160,303.43 $ 2,248,003,193.01
$ 2,248,003,193 $ 28,792,621 $ 32,367,682.77 $ 61,160,303.43 $ 2,215,635,510.24
$ 2,215,635,510 $ 28,378,053 $ 32,782,250.87 $ 61,160,303.43 $ 2,182,853,259.37
$ 2,182,853,259 $ 27,958,175 $ 33,202,128.79 $ 61,160,303.43 $ 2,149,651,130.57
$ 2,149,651,131 $ 27,532,919 $ 33,627,384.55 $ 61,160,303.43 $ 2,116,023,746.02
$ 2,116,023,746 $ 27,102,216 $ 34,058,087.02 $ 61,160,303.43 $ 2,081,965,659.00
$ 2,081,965,659 $ 26,665,997 $ 34,494,305.97 $ 61,160,303.43 $ 2,047,471,353.03
$ 2,047,471,353 $ 26,224,191 $ 34,936,112.04 $ 61,160,303.43 $ 2,012,535,240.99
$ 2,012,535,241 $ 25,776,727 $ 35,383,576.81 $ 61,160,303.43 $ 1,977,151,664.19
$ 1,977,151,664 $ 25,323,531 $ 35,836,772.74 $ 61,160,303.43 $ 1,941,314,891.45
$ 1,941,314,891 $ 24,864,530 $ 36,295,773.24 $ 61,160,303.43 $ 1,905,019,118.20
$ 1,905,019,118 $ 24,399,651 $ 36,760,652.67 $ 61,160,303.43 $ 1,868,258,465.53
$ 1,868,258,466 $ 23,928,817 $ 37,231,486.31 $ 61,160,303.43 $ 1,831,026,979.22
$ 1,831,026,979 $ 23,451,953 $ 37,708,350.43 $ 61,160,303.43 $ 1,793,318,628.79
$ 1,793,318,629 $ 22,968,981 $ 38,191,322.26 $ 61,160,303.43 $ 1,755,127,306.53
$ 1,755,127,307 $ 22,479,823 $ 38,680,480.05 $ 61,160,303.43 $ 1,716,446,826.48
$ 1,716,446,826 $ 21,984,400 $ 39,175,903.00 $ 61,160,303.43 $ 1,677,270,923.48
$ 1,677,270,923 $ 21,482,632 $ 39,677,671.38 $ 61,160,303.43 $ 1,637,593,252.10
$ 1,637,593,252 $ 20,974,437 $ 40,185,866.45 $ 61,160,303.43 $ 1,597,407,385.65
$ 1,597,407,386 $ 20,459,733 $ 40,700,570.53 $ 61,160,303.43 $ 1,556,706,815.12
$ 1,556,706,815 $ 19,938,436 $ 41,221,866.98 $ 61,160,303.43 $ 1,515,484,948.14

Tabla de desarrollo para el punto c

Saldo inicial Interese Capital Cuota Saldo final
$ 2,550,000,000
$ 2,550,000,000 $ 99,242,184 $ 2,550,000,000
$ 2,550,000,000 $ 99,242,184 $ 2,550,000,000
$ 2,550,000,000 $ 99,242,184 $ 2,550,000,000
$ 2,550,000,000 $ 99,242,184 $ 2,550,000,000
$ 2,550,000,000 $ 99,242,184 $ 117,856,470.58 $ 217,098,654.91 $ 2,432,143,529
$ 2,432,143,529 $ 94,655,387 $ 122,443,268.06 $ 217,098,654.91 $ 2,309,700,261
$ 2,309,700,261 $ 89,890,078 $ 127,208,576.84 $ 217,098,654.91 $ 2,182,491,685
$ 2,182,491,685 $ 84,939,311 $ 132,159,344.30 $ 217,098,654.91 $ 2,050,332,340
$ 2,050,332,340 $ 79,795,867 $ 137,302,788.22 $ 217,098,654.91 $ 1,913,029,552
$ 1,913,029,552 $ 74,452,248 $ 142,646,407.29 $ 217,098,654.91 $ 1,770,383,145
$ 1,770,383,145 $ 68,900,663 $ 148,197,992.01 $ 217,098,654.91 $ 1,622,185,153
$ 1,622,185,153 $ 63,133,019 $ 153,965,636.11 $ 217,098,654.91 $ 1,468,219,517
$ 1,468,219,517 $ 57,140,907 $ 159,957,748.28 $ 217,098,654.91 $ 1,308,261,768
$ 1,308,261,768 $ 50,915,590 $ 166,183,064.49 $ 217,098,654.91 $ 1,142,078,704
$ 1,142,078,704 $ 44,447,994 $ 172,650,660.70 $ 217,098,654.91 $ 969,428,043
$ 969,428,043 $ 37,728,689 $ 179,369,966.07 $ 217,098,654.91 $ 790,058,077
$ 790,058,077 $ 30,747,878 $ 186,350,776.75 $ 217,098,654.91 $ 603,707,300
$ 603,707,300 $ 23,495,385 $ 193,603,270.13 $ 217,098,654.91 $ 410,104,030
$ 410,104,030 $ 15,960,635 $ 201,138,019.71 $ 217,098,654.91 $ 208,966,010
$ 208,966,010 $ 8,132,644 $ 208,966,010.47 $ 217,098,654.91 -$ 0
 Bono
Inversion $ 350,000,000
n 6 años
Rentabiilidad 12.866% ATV
Interes 0.032165 trimestral
Tabla de rentabilidad del bon
Periodo Saldo inical
0
1 $ 350,000,000
2 $ 361,257,750
3 $ 372,877,606
4 $ 384,871,214
5 $ 397,250,596
6 $ 410,028,162
7 $ 423,216,718
8 $ 436,829,483
27 meses 9 $ 450,880,104
10 $ 465,382,662
11 $ 480,351,695
12 $ 495,802,208
13 $ 511,749,686
14 $ 528,210,114
15 $ 545,199,993
16 $ 562,736,350
17 $ 580,836,765
18 $ 599,519,380
19 $ 618,802,921
20 $ 638,706,717
21 $ 659,250,718
22 $ 680,455,517
23 $ 702,342,369
24 $ 724,933,211

Tabla de rentabilidad del segun

Periodo Saldo inical
0
Posible venta #2 1 $ 350,000,000
Rentabilidad EA 11.078% 2 $ 359,314,760
ATV 0.106454396476 3 $ 368,877,419
trimestral 0.026613599119 4 $ 378,694,574
5 $ 388,773,000
6 $ 399,119,649
7 $ 409,741,659
8 $ 420,646,359
27 meses 9 $ 431,841,273
10 $ 443,334,123
11 $ 455,132,840
12 $ 467,245,563
13 $ 479,680,649
14 $ 492,446,678
15 $ 505,552,456
16 $ 519,007,027
17 $ 532,819,671
18 $ 546,999,921
19 $ 561,557,557
20 $ 576,502,625
 Tabla de rentabilidad del bono inicialmente
Intereses Inversion Retiros Saldo final
$ 350,000,000 $ 350,000,000
$ 11,257,750 $ 361,257,750
$ 11,619,856 $ 372,877,606
$ 11,993,608 $ 384,871,214
$ 12,379,383 $ 397,250,596
$ 12,777,565 $ 410,028,162
$ 13,188,556 $ 423,216,718
$ 13,612,766 $ 436,829,483
$ 14,050,620 $ 450,880,104
$ 14,502,559 $ 465,382,662
$ 14,969,033 $ 480,351,695
$ 15,450,512 $ 495,802,208
$ 15,947,478 $ 511,749,686
$ 16,460,429 $ 528,210,114
$ 16,989,878 $ 545,199,993
$ 17,536,358 $ 562,736,350
$ 18,100,415 $ 580,836,765
$ 18,682,615 $ 599,519,380
$ 19,283,541 $ 618,802,921
$ 19,903,796 $ 638,706,717
$ 20,544,002 $ 659,250,718
$ 21,204,799 $ 680,455,517
$ 21,886,852 $ 702,342,369
$ 22,590,842 $ 724,933,211
$ 23,317,477 $ 748,250,688

Tabla de rentabilidad del segundo comprador

Intereses Inversion Retiros Saldo final
$ 350,000,000 $ 350,000,000
$ 9,314,760 $ 359,314,760
$ 9,562,659 $ 368,877,419
$ 9,817,156 $ 378,694,574
$ 10,078,426 $ 388,773,000
$ 10,346,649 $ 399,119,649
$ 10,622,010 $ 409,741,659
$ 10,904,700 $ 420,646,359
$ 11,194,914 $ 431,841,273
$ 11,492,851 $ 443,334,123
Respuesta de la pregunta A
$ 11,798,717 $ 455,132,840
$ 12,112,723 $ 467,245,563
$ 12,435,086 $ 479,680,649
$ 12,766,029 $ 492,446,678
$ 13,105,778 $ 505,552,456
$ 13,454,570 $ 519,007,027
$ 13,812,645 $ 532,819,671
$ 14,180,249 $ 546,999,921
$ 14,557,637 $ 561,557,557
$ 14,945,068 $ 576,502,625
$ 15,342,810 $ 591,845,435

Respuesta de la pregunta B

Respuesta de la pregunta C
a pregunta A La empresa debe aceptar la opcion del comprador #2 ya que al final
del 9 trimestre este ofrece más que los $438.000.000 que ofrece el
primero
 La empresa debe aceptar la opcion del comprador #2 ya que al final
del 9 trimestre este ofrece más que los $438.000.000 que ofrece el
primero

Valor ofrecido por comprador 2 vs Valor ofrecido por comprador 1

$ 443,334,123 $ 438,000,000

0.035510239344 Rentabilidad del comprador expresada trimestralmente

ta de la pregunta B
14.98% EA

ta de la pregunta C $ 465,382,662