Método de la Tasa Interna de Retorno

c
  
  
 

  

 

 
 
       
 
  
 
 
 
 
    
!
 !   
!
  
  !  "
 #  
 $
 $%
  
 
  
& 
 
      '  
  
  " 
 "
#
       " 
  
    

      
 
 %      ( #  
 
 ) 
 
  
   
  &   *c '$+,
            (
-./////   %  
01

%
  #   -2/////3   -.4/////%)   
  
  

  3$',5 6!  .   
    # 78   79     :' 
 
   ;.4/////<./////.:=<2/////.<;.>/  ' #     

         % 
"%)  #  %   
 
 


 
 

 ?3  
   
 " "   @3
& 
 
 >?A  &   ;.4/////<./////.:=?A<2/////.4B4/C  D@)  

 
  
    
 (    
 
 >CA  &   ;.4/////<./////.:=CA<2/////.;B.2.4  C@)   " 
 
  

   ?ACA%  &
 
 
#
 )  "    @3?A  -4B4/CCA;B.2.4
 
     )  +     # 78   79     D3
&  
  "   +  ?;C>4B4/C;;B.2.4  ?;4B4/CE/ 

5    
 
 %"
   >?CBCA%"   
 
 
  
 '

    
    

 
  %"
 & 
     " 
 
  $  5
@, "
5@,  
5@, 

 
        %     $
% 5@,  
%  "       "      

% 
 & 1 % 5@, 
%  "        "      
   )&  *c '$  ,#  
"  #"%  
  
 

 :4A  
 
     

+    @ D  5
 5 -:///// -.2////  5
@$ 5@$ -..///

-./4//   3
3 -://// -:////  F
G B0  C0    H5  
 
  # I  3$',5 6!  .3 &
 
 
@     # 78   79     :3 &
 
 
D     # 78   79     ?3 


@D  5@,@;5@,D>;://///<:////<;.2////<:////;..///;./4//>/

 B=3B=C=3C=  C  
 
#
%  
    
  
   
 
:4A?/A 
+     # 78   79     8 
  
 >:B:JA  
 "(
 1-://///;.2////>:////  K 
:B:JA%"     $1   
  #"@3 ) 
   :4A
  )   #"D  c
 "

  
 
  '  &      #   L
   

   
 
 + 
      
  
  
       #    &    
   
 
     % 
   
 % 
  " 
   
    "  
#  #  
     

  " 
    
     

'  &       
) % "       
    
       

& "&  '"& & &      
 &" )" "
  3   
 & 

   %  ) 
 

  
     
   c)       
& 

&5 
      78   79     '
 +<'   MMM
  
     
  ;5   

# 
&MMMMMM
 
  3+   
  "
 
     
  @+   "&    # 

    & 
%(
 "(
 % 
   " @
  
 % 
  " +  c) 
 
     
   
 
%" " 
  
    
 
        '
 +<'  
MMMMM
    #
     
;    
&  
MMMMM
  "   3+   
  "
 
# "  
&  @+c"&  
 # "      
 & 

&5
 N
 $ +  '
 +5 (
 "    
  MMMMMM   3+   
       
 #    

@+

     
% "  
"& 

& @
  c"  
  

 
5  
  
  
 %  "&  
 % "      
  
   
 
    "&    c  
  
  



    c
%"&%
         78   79     '
 +MMM  ) 
      "   

 MMM "
 7
7%
 %   
 
 
  3+ &  
   
   @+c 
  


5
  5  + 55  c"& 
       
      78   79     '
 +MMM     
    MMMM  )   5
  5  8
  5    
  "     
 
  
  3+   
9  "    "    
 
   @+  
#    & 
  & 
    

55

   &"
 
            78   79     '
 +'  
 MMMMMM 
   
 
  & '   
      
 
      3+   
"  "     
  
  

@+c &  


 
 

  

"  
&  
    
    % 
   

 

   %   # 
&  
 
 "&## 

   "       ) 
  
       78   79     '
 + " )
   "
  
 3+ !9  " 
 

  
   @+ .//A 
3
  
     ,
  
 
 &  ))" 
  
 

  
 )
   
   
"      
 # 
 #  
 "
 %  0   
 
 

 )  8   
  
 )
  %    
 #  
 
 # 
   "     
  
 '   
   
     

 # 
    
   

 
&    
   
 &

   



        78   79    

'
 +MMMM " )
   "
  
      3+!9  " ) 
    @+c  
 c   
   


5
     5   3   9  " 
    

  0      78   79     '
 + " )  
     "        
  3+ &" )  
     @+c 
 
   8
     

&  
  (
)   
%   
      
 %
 


   
  
9+3"   "
 (   
 
 % 9
  
     

 


 c (
   
 % 

   c 
 
  c 
 
 ""  "      
       78   79     '
 +;'   MMMMMA    
   <'  MMMMMMA    
   3+     
  
 " &  @+c   
 " 

   


3         78   79     '
 +;'   MMMMMA      <'  MMMMMMA     

3+     
  "   @+c   " 

   


  @

       78   79     '
 +;'   MMMMMA    
 

    <'  MMMMMMA    
 

    3+     
  " 
 

   @+c (
  
 

    


3 5

 +      78   79     '
 +;'   MMMMMA   

   <'  MMMMMMA   

   3+     
  
    

@+       
 
 
 

& 5
     
  
 
   "  
& 

 
 
 5
  "  
&   
 

 %   #
   @     

&  c   
 

         %
 # 
 
 &%   #
  
 
     "  
& 

   
   

& >    

   @
 

     

'
 +



#MMMMMA   (
    3+c
 
 


 ")         @+  
  
       
     
 
  

&
  

&
 >    

   5
5
   '
 +   "  
 )
      ) 
MMMMM  3+c 
 



3 O."    
# 4/A  @+     "(
      5
  
 

 

&
 > ,
$   N
  
    '
 +MMMMM "
 ,@P

 
 
   3+c       
      
   @+               "  
      @   @>,
$ E5
 5
E 
    c @   c@> c   E5

) 

&
   

 c   
  
   

 %  %    5
   &%   #  

   

     
   

&
    > ,

 
   
  


      @
  #   
    &   % 
   
      
  
    "   %" " 
     
 
  
"   " 
 
 %
      
       
  


%   
  #  
 
  
 
  %