Ejercicio Sobre Inversión en Acciones

 

XCDPH^[DLEL TEKEFNÑ @EKXB\EL LH KDHCKDE[ ELFDCD[\^E\DPE[  E[DJCE\X^E11 EXLD\O^ÆE DD  E[DJCE\X^E HPEB HP EBXE XEKD KDOC OC Y^ Y^EK EK\D \DKE KE [O [ON^ N^H H DCPH DCPH^[ ^[DOC DOC [h rhebdze be euldtoræe e be hfprhse FOCT[XE, tofele lhb feyor j jh hchreb lh DDc cvhrsdochs e ebb ;5 ;5/9 Dcvhrsdochs hc Ekkdochs - Hfprhse "E" Dcvhrsdochs hc Nocos - Hfprhse "N" \oteb Dcvhrsdochs hc Peborhs Xce vhz Xce vhz h`hk h`hktu tuel elos os bo boss p pro rokh khld ldfd fdhc hcto toss l lh he eul uldtdt Dcvhrsdochs hc Ekkdochs be hfprhse F 5.- 95-9 95-95->9 5->95;1 5;1 hfprhse hfpr hse ""E", E", e kofpuhsto por k/u y uce kofd

>.- ;5-5 ;5-5>->9 >->95;1 5;1

be ut utdbdlel l lh h" ldvdlhclos.

;.- 95-9 95-95->9 5->9581 581

be hfprhse "E" utdbdlel lh "E"

9 5->9501 501

be ut utdbdlel l lh h" ldvdlhclo hc h

8.- 95-9 95-95->9 5->95:1 5:1

be hfprhse "E" lhkrhtû ldvdlh

0.- ;9-9 ;9-94->9 4->95:1 5:1

FOCT[ FOC T[X XE K. 598% lh su ve

:.- 95-9 95-95->9 5->95=1 5=1

be ut utdbdlel l lh h" lh Ns. Ns. 0 0,99 ,99 po

Dcvhrsdochs hc Nocos 5.- ;5-9 ;5-9=->9 =->95.- ;5-9 ;5-9;->9 ;->9501 501

FOCT[ FOC T[X XE K. hfprhse hfpr hse ""N", N", e ekufubelos m

Dc`orfekdûc eldkdoceb1 kofpronû q quh uh be hfprhse sobefhcth me rhj rhjdstrel dstrel 5) [h kofpronû me ec rrh hjdstrelo dc dcjrhsos p po or bbe es ddc cvhrsdochs h h``h >) Co sh m [h rhqudhrh1 5) Kälube ecebætke lh Dcvhrsdochs hc Ekkdochs. Pebor ;,8 >) Kälube ecebætke lh Dcvhrsdochs hc Nocos. ;) Esdhcos lh eaush propuhsos pere efnes kuhces.(Pebor

 

H[ HC EKKDOCH[ T NOCO[  K.E., äste bh sufdcdstre be sdjudhcth dc`orfekdûc, 8/>95= `hkme lh korth lh be euldtorde >89,999.99 599,999.99 ;89,999.99  

ræe korrhspocld korrhspocldhcths, hcths, Xl. ontuvo be sdjudhcth CT[XE K,E kofprû hb >8% lh bes ekkdochs lh be b 59=% lh su vebor cofdceb. Hb kepdteb lh ‒E‖ hste 59.999 ekkdochs koc uc vebor cofdceb lh Ns.599 dûc pejele lh 958 `uh lh Ns. 589.999. Lhkrhtû uc `hktdvo lh Ns. =,99 por kele ekkdûc.  

tuvo uce pärldle lh Ns. 49.999 hc >950. Co los.

 

vhcldû hb >9% lh bes ekkdochs poshæles hc "E" eb bor cofdceb.

 

" hc >95: `uh lh 5>9.999. Lhkrhtû uc ldvdlhclo ekkdûc.

 

   

elqudrdû >.999 nocos hfdtdlos por be hfprhse "N" 5 lh kele eõo e berjo pbezo.

 

 

 

vhcldû hb 599% lh bos nocos poshælos hc be b 590% lh su vebor cofdceb, fås bos dcthrhshs ste be `hkme lh be vhcte.

o be kofpre dcdkdeb lh bes ekkdochs y bos nocos por ktueles (ldvdlhclos sonrh ekkdochs, dcthrhshs

(Pebor ;,8 pos) (Pebor ;,8 pos)  ; pos)

 

Z. Fobdce Hstuldecth lh Kocteluræe Yñnbdke

@hkme1 ^h`.1

Hfprhse "FOCT[XE", K.E. Kälube Ecebætdke lh Dcvhrsdochs hc Ekkdochs Dcvhrsdochs hc Ekkdochs lh "E" 5.- Kofpre lh Ekkdochs eb 95-95->95;1 [hjñc hfprhse1

 

 Ekkdochs >,899

k/u. 599

>89,999.99

[hjñc euldtoræe1

 Ekkdochs k/u.   >,899 59= + Kofdsdûc pejele1 \oteb dcvhrsdûc shjñc euldtoræe1 Ld`hrhckde e eauster 

>.- Xtdbdlel lh "E" hc >95;1 Xtdbdlel lh "E" hahrkdkdo1 Yertdkdpekdûc lh "FOCT[XE"1

>:9,999.99 59,=99.99

=9,=99.99   ;9,=99.99 Phr EE-5

>8%

599,999.99   >8,999.99 Phr EE->

;.- Xtdbdlel lh "E" hc >95< y Ldvdlhclo hc Ekkdochs1 Xtdbdlel lh "E" hahrkdkdo1 =9,999.99 Yertdkdpekdûc lh "FOCT[XE"1 >8%   >9,999.99 Phr EE-; Ldvdlhclo hc ekkdochs eb ;5-5>->9595;1 + Ldvdlhclo hc ekkdochs1 59% \oteb ekkdochs poshæles" hc "E"1

"FOCT[XE" >,899 >89   >,:89

958 y Ldvdlhclo hc H`hktdvo1 Ldvdlhclo hc h`hktdvo1 =.99 (por ekkdûc) "E" Yertdkdpekdûc "FOCT[XE" Xtdbdlel lhb hahrkdkdo >99:1 589,999.99 >8% ;:,899.99 Ldvdlhclo hc h`hktdvo (= x 55.999 ekk.)1 ==,999.99 (= x >.:89)1 >>,999.99 Xtdbdlel chte1 0>,999.99 58,899.99 8.- Yärldle lh "E" hc >9501 Yärldle lh "E" hc hb hahrkdkdo1 Yertdkdpekdûc lh "E" (pärl)1

>8%

0.- Phcte lhb >9% lh bes ekkdochs eb ;9-99941 Kåbkubo lhb kosto lh bes ekkdochs1

 

49,999.99 >>,899.99 Phr EE-8

Kofpre eb 95-95->95;  Eufhcto eb ;5-5>->95;  Eufhcto eb ;5-5>->95<  Eufhcto eb ;5-5>->958 [untoteb [eblo eb ;9-94->95: [eblo lhspuäs lh be vhcte

Dcvhrsdochs hc Ekkdochs >=9,=99.99 >8,999.99 >9,999.99 ;:,899.99 >>,999.99 Ldsfdcukdûc eb ;5-5>->950   >>,899.99 Ldsfdcukdûc eb ;5-5>->95: ;0;,;99.99 88,9:89 x >9%)1

;5=,=99.99 (e (eb ;9-94->95:) 558.4; kele ekkdûc 889 ekkdochs

^hsubtelo lh be Phcte1

Yrhkdo lh vhcte 6 Pebor hc bdnros 6 Yärldle hc vhcte lh ekkdochs1

 Ekk.vhcldles 889 889

k/u 598.99 558.4;

\oteb 8 8: :,:89.99 0;,:09.99   0,959.99 Phr EE-0

:.- Xtdbdlel lh "E" hc >95: y Ldvdlhclo hc H`hktdvo1 Kofpre ordj rdjdceb lh ekkdoch ochs1 >,899 Fås1 ldvdlhclo hc ekkdochs1 >89 Fhcos1 ekkdochs vhcldles1 889  Ekkdochs poshæles1 >,>99 Kåbkubo lhb cuhvo porkhcteah lh pertdkdpekdûc lh "FOCT[XE" hc "E"1 \oteb ekkdochs lh "E"1 55,999  Ekkdochs hc "E"1 >,>99 Cuhvo % lh pertdkdpekdûc1 >9% Ldvdl.pejelo por "E" Ns1

0.99

Xtdbdlel lhb hahrkdkdo >95:1 Ldvd Ldvdl. l.hc hc h`hk h`hktdtdvo vo (N (Ns. s. 0 x 55 55.9 .999 99 ek ekkd kdoch ochs) s)11 Xtdbdlel chte1

"E" Yertdkdpekdûc "FOCT[XE" 5>9,999.99 >9% >. >.>99 >99 ) 5; 5;,> ,>99 99.9 .99 9 8->95:1

[eblo lhspuäs lh be vhcte

Dcvhrsdochs hc Ekkdochs >88,9->95: [untoteb [eblo eb ;5-5>->95:

>:4,908,=99.99 Ldsfdcukdûc eb ;5-5>->95: 5;,>99.99

 

8/;5/>95= H-E5

Phr EE-<

 

Phr EE-:

 

Z. Fobdce

@hkme1 8/;5/>95=

Hstuldecth lh Kocteluræe Yñnbdke

^h`.1

Hfprhse "FOCT[XE", K.E. Kälube Ecebætdke lh Dcvhrsdochs hc Peborhs Dcvhrsdochs hc Nocos lh "N" 5.- Kofpre lh nocos eb 95-95->995;1 e) shjñc hfprhse1 nocos k/u >,999 89.99 599,999.99 n) shjñc euldtoræe1 nocos k/u >,999 )1

H-E5

599,999.99

=

5=%

5>,999.99 Phr EE-4

>.- Efortdzekdûc lhb lhskuhcto h dcjrhsos ecuebhs. Ybezo toteb lh be hfdsdûc1 < eõos Yb Ybez ezo o cht chto o lh lh be be dcv dcvhr hrsd sdûc ûc11 ;e eõo õoss y < f fhs hshs hs (< (95 f. >958) 5,899.99 [eblo eb 4:,999.99 ;5/5>/>958

5>8.99 Dcthrhshs sonrh nocos >95< (< f)1 5 5> >,999.99 5=,999.99 >958 (5> f)1 5=,999.99

^hsufhc lh bos Dcjrhsos por Dcvhrsdochs hc Nocos lh "N" (co rhjdstrelos por ENK)1  Eõos1 >95< >958 Dcthrhshs konrelos1 5=,999.99 5=,999.99 - Dcthrhshs rhdcthjrelos1 -5>,999.99 9.99 + Efortdzekdûc lhskuhcto1 899.99 5,899.99 \oteb dcjrhsos 0,899.99 54,899.99 Phr EE-59 Phr EE-55

 

;.- Phcte lhb 599% lh bos nocos hb ;5-9;->950. Dcvhrsdochs hc Nocos lh "N" Kofpre1 (< f. >95 f. >958) (; f. >950) [eblo eb ;5/9;/>950

48,999.99 899.99 5,899.99 ;:8.99 4:,;:8.99

Pebor s. bdnros ucdterdo1 Nocos vhcldlos1 P.Cofdceb nocos vhcldlos1

,999 599,999.99

Dcthrhs rhshs l lh hvhc hcj jelos los p por or noc nocos vh vhcld ldlo loss1  Efortdzekdûc co rhjdstrele hc >950 (; f)1 ^hsubtelo lh be Phcte1 C± nocos P.s.bdnros1 >999 Y.Phcte1 >999 Xtdbdlel hc vhcte



k/u toteb 8.99 Phr EE-5;

 

Z. Fobdce Hstuldecth lh Kocteluræe Yñnbdke Hfprhse "FOCT[XE", K.E. Kälube lh Esdhctos lh Eausth Yropuhstos Lhskrdpkdûc -5-

^h` Y\ Dcvhrsdochs hc ekkdochs   Necko

 Eausth lh ld`hrhckde co rhjdstrele hc kofpre lh ekkdochs.

->Dcvhrsdochs hc ekkdochs   Eausth e rhsubtelos lh hahrkdkdos ecthrdorhs  Eufhcto lhb vebor lh be dcvhrsdûc hc hb eõo >95;.

-;Dcvhrsdochs hc ekkdochs   Eausth e rhsubtelos lh hahrkdkdos ecthrdorhs  Eufhcto lhb vebor lh be dcvhrsdûc hc hb eõo >95950.

-0Necko  Eausth e rhsubtelos lh hahrkdkdos ecthrdorhs (pärl.vhcte lh ekk.)   Dcvhrsdochs hc ekkdochs Phcte lhb >9% lh bes ekkdochs hc >95: 

-:Necko Dcvhrsdochs hc ekkdochs   Eausth e rhsubtelos lh hahrkdkdos ecthrdorhs  Eufhcto lhb vebor lh be dcvhrsdûc hc >95: 

-=Dcvhrsdochs hc Nocos lh "N"   Necko Kofpre lh nocos e N feb rhjdstrele hc hb eõo >9595< (dct. = f. keuselos por bos nocos N).

-59Necko Dcvhrsdochs hc nocos   Dcthrhshs por konrer    Eausth e rhsubtelos lh hahrkdkdos ecthrdorhs Dcjrhsos sonrh dcvhrsdochs hc nocos N hc hb eõo >95958.

-5>Dcvhrsdochs hc nocos   Dcjrhsos por dcvhrsdochs hc nocos N  Efortdzekdûc lh lhskuhcto ; fhshs (hchro-ferzo >950)

-5;-

Necko   Dcjrhsos por dcvhrsdochs hc nocos N   Xtdbdlel hc vhcte lh nocos   Dcvhrsdochs hc Nocos Phcte lh 599% lh nocos hc >950 co rhjdst. h dcthrhshs konrelos.

 

@hkme1 ^h`hrhckde1

LHNH

8/;5/>95= E/E

MENH^

;9,=99.99 ;9,=99.99

>8,999.99 >8,999.99

>9,999.99 >9,999.99

>>,999.99 58,899.99 ;:,899.99

>>,899.99 >>,899.99

8:,:89.99 0,959.99 0;,:09.99

5;,>99.99 59,=99.99 >,999.99

 

5>,999.99

5=,999.99 899.99 5>,999.99 0,899.99 5=,999.99 5,899.99 54,899.99

;:8.99 ;:8.99

559,899.99

8.99 4:,;:8.99

;=4,