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81,'$'

VALUACIÓN Y PRESUPUESTO
DE CAPITAL

6(6,Ï1
TASA INTERNA DE RETORNO

¿QUÉ SABES SOBRE?

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1. TASA INTERNA DE RETORNO (TIR)

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IUDFDVRV¿QDQFLHURV´ SiJ 

Finanzas I 
SESIÓN 6
TASA INTERNA DE RETORNO – TIR

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VPN = 0
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 Universidad Tecnológica de Bolívar


Unidad 2
VALUACIÓN Y PRESUPUESTO DE CAPITAL

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UTBEDUPOL SAS
23&,21(6352<(&72'(,19(56,Ï1
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TIR    14% 19%

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Finanzas I 
SESIÓN 6
TASA INTERNA DE RETORNO – TIR

3DUDHOFDVRGHOD7,5ODPHMRURSFLyQGHLQYHUVLyQSDUDODHPSUHVDHVODRSFLyQFRQ
XQDSRUORTXHREVHUYDPRVODVRSFLRQHVFRQHVWHFULWHULRGHO7,5VHFLHUUDQPXFKR
PiV\KDFHTXHHODGPLQLVWUDGRU¿QDQFLHURHPSLHFHDHYDOXDUPDVGHWHQLGDPHQWHFDGD
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criterios como:

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LQGHSHQGLHQWH ODDFHSWDFLyQRUHFKD]RGHRWURVSUR\HFWRV

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2. PROBLEMAS CON LA TIR

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H[SRQHFRPRSULQFLSDOPHQWHFRPRGRVSUREOHPDVTXHSXHGHQDIHFWDUDORVSUR\HFWRV
VHDQLQGHSHQGLHQWHVRPXWXDPHQWHH[FOX\HQWHV SiJ 

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1.000.000
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1
0

-1.125.000
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 Universidad Tecnológica de Bolívar


Unidad 2
VALUACIÓN Y PRESUPUESTO DE CAPITAL

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SiJ  

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2.300.000

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Finanzas I 
SESIÓN 6
TASA INTERNA DE RETORNO – TIR

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)OXMRV # TIR &ULWHULRGHOD7,5 &ULWHULRGHO931


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 Universidad Tecnológica de Bolívar


Unidad 2
VALUACIÓN Y PRESUPUESTO DE CAPITAL

931 931 931


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ACTIVIDAD DE APRENDIZAJE 7

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Finanzas I 
SESIÓN 6
TASA INTERNA DE RETORNO – TIR

/DWDVDGHDFWXDOL]DFLyQHVGH

Se solicita:
• &DOFXODUOD7,5SDUDFDGDXQDGHODVRSFLRQHV
• 6HOHFFLRQDUODPHMRURSFLyQGHDFXHUGRDOFULWHULRGHOD7,5
• 2EVHUYDUVLVHSUHVHQWDDOJXQRVGHORVSUREOHPDVH[SXHVWRVHQODVHVLyQUHFXHUGD
TXHODHPSUHVDVRORSXHGHHVFRJHUXQDRSFLyQSDUDLQYHUWLUORVXP

&ULWHULRVGH$XWRHYDOXDFLyQ
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DSOLFDUHOPpWRGRGHOD7DVD,QWHUQDGH5HWRUQR

ANOTACIONES

 Universidad Tecnológica de Bolívar

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