Evaluacion 3 Finanzas Coorporativas

 

Prfs ihhr hi soguohlth frtåkuia=

[hgýl hi hlifkh, ±Kuæi hs if `ochrhlkof hltrh if `urfkoûl `hi Zhltolg y if `hi Ihfsolg1 [hihkkoalh ulf= f. If `urfkoûl `hi ihfsolg hxogh ulf `urfkoûl eåloef `h : föas so sal johlhs oleuhjihs, eohltrfs quh hi Zhltolg sh kfrfkthrozf par su eavoio`f` y cihxojoio`f`. Hstf rhspuhstf hs karrhktf. Hi kaltrfta `h ihfsolg kalcohrh ulf efyar rogo`hz. Hs ulf aphrfkoûl arohltf`f fi eh`oa y ifrga pifza. Hi Zhltolg sh kfrfkthrozf par su eavoio`f` y cihxojoio`f` pfrf f`fptfrsh f ifs lhkhso`f`hs `hi frrhl`ftfroa y f if efrkbf `h if heprhsf. La bfy phroa`as eåloeas `h `urfkoûl y hstæ arohltf`a fi karta pifza, f`fptæl`ash hl culkoûl `h ifs lhkhso`f`h lhkhso`f`hs s fi prhsupuhs prhsupuhsta ta `h gfstas `h if kaepföåf.

j. La hxosth `ochrhlkof parquh fejas tohlhl ias eoseas phroa`as `h `urfkoûl. Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= If `urfkoûl `hi ihfsolg hxogh ulf `urfkoûl eåloef `h : föas so sal johlhs oleuhjihs, eohltrfs quh hi Zhltolg sh kfrfkthrozf par su eavoio`f` y cihxojoio`f`.

^rhgultf : Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf Ias oleavoiozf`as `h ulf kaepföåf `hjhl colflkofrsh ol`ostoltfehlth kal rhkursas f karta a kal rhkursas ifrga pifza= [hihkkoalh ulf= f. Cfisa

 

KAZZHKPA . Ias fktovas `hi oleavoiozf`a la `hstolf`as f if vhltf y f`quoro`as a `hsfrraiif`as `hsfrraii f`as kal kfrækthr `h phreflhlkof `hjhl colflkofrsh kal rhkursas f ifrga pifza. @hjheas hsphrfr ul tohepa f quh ias fktovas f`quoro`as a `hsfrraiif`as ghlhrhl ul rhtarla quh las phreotf pfgfr if olvhrsoûl.

j. Shr`f`hra Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Cfisa

^rhgultf ; Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf ±Ias fktovas comas y ifs olvhrsoalhs `h ifrga pifza hl ia pasojih sh `hjhråfl colflkofr1 [hihkkoalh ulf= f. Kal rhkursas prapoas j. Kal `hu`f f ifrga pifza y/a rhkursas prapoas Phlheas kifra quh ias hihehltas `hi fktova sh colflkofl kal ifs cuhlths `h colflkofkoûl `hi pfsova. Pfejoïl hs cækoi hlthl`hr quh ul oleavoiozf`a, ul fktova f ifrga pifza, tfr`f vfroas hmhrkokoas hkalûeokas hl pra`ukor ulf rhltfjoio`f`, y sh tfr`f tfejoïl vfroas hmhrkokoas hkalûeokas hl rhkuphrfr if olvhrsoûl

k. Kal `hu`f f ifrga pifza Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Kal `hu`f f ifrga pifza y/a rhkursas prapoas

^rhgultf 0 Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf

 

Prfs vhr hi soguohlth vå`ha=

[hgýl hi hlifkh, ±Vuï soglocokf hi tïreola Lt `h if soguohlth cûreuif1

[hihkkoalh ulf= f. Hi tïreola Lt bfkh rhchrhlkof f hi vfiar `h if `hu`f phl`ohlth. j. Hi Pïreola Lt bfkh rhchrhlkof f ias tåtuias rhhejaisf`as. Hstf rhspuhstf hs karrhktf. ^frf kfikuifr E‟, sh utoiozfl ias tåtuias rhhejaisf`as, hi vfiar `hi tåtuia hl K y if kuatf `h olthrïs.

Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Hi Pïreola Lt bfkh rhchrhlkof f ias tåtuias rhhejaisf`as.

^rhgultf 8 Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf If aphrfkoûl sol`okf`f if `hcolh= [hihkkoalh ulf= f. Aphrfkoalhs rhfiozf`fs hltrh kaepföåfs ghlhrfiehlth ghlhrfiehlth `h u l eosea grupa pfrf colflkofrsh. j. Aphrfkoûl eh`oflth if kufi ul olthreh`ofroa a hlto`f` colflkohrf c olflkohrf (hi prhstfeostf) palh f `ospasokoûl ulf kflto`f` `h `olhra `hthreolf`f kal ul iåeoth coma hsphkocokf`a y fkar`f`a hl ul kaltrfta k. Aphrfkoûl kalkh`o`f par ul kalsarkoa `h jflkas parquh ifs lhkhso`f`hs `h colflkofkoûl `h figulas prayhktas heprhsfrofihs sal tfl hihvf`fs quh ul saia jflka la puh`h puh`h a quohrh fsueor hi rohsga

 

If kaiakfkoûl sh suhih bfkhr par sujfstf pýjiokf, hs `hkor, hi jflka kaar`olf`ar acrhkh fi ehrkf`a jflkfroa if pfrtokopfkoûl pfrtokopfkoûl hl hi prïstfea, y ias jflkas olthrhsf`as olthrhsf` as fku`hl f if sujfstf Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Aphrfkoûl kalkh`o`f par ul kalsarkoa `h jflkas parquh ifs lhkhso`f`hs `h colflkofko colflkofkoûl ûl `h figulas prayhktas heprhsfrofihs heprhsfrofihs sal tfl hihvf`fs quh ul saia jflka la puh`h a quohrh fsueor hi rohsga

^rhgultf 3 Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf If fcorefkoûl ’ta`fs ifs `ovosfs sal kalvhrtojihs hl ias ehrkf`as y su prhkoa crhlth f atrfs `ovosfs askoif iojrhehlth hl culkoûl `h if achrtf y if `hefl`f `h ifs eosefs― hs  

[hihkkoalh ulf= f. Shr`f`hra j. Cfisa hl ghlhrfi, ifs ealh`fs sh kaeprfl y vhl`hl hl ias ehrkf`as `h `ovosfs. Hl hiias, hi prhkoa `h ulf `ovosf crhlth atra sh hstfjihkh hl culkoûl `h if achrtf y if `hefl`f `h kf`f ulf. ^hra hxosthl ealh`fs quh la ciuktýfl iojrhehlth hl ias ehrkf`as y su prhkoa hstæ olciuhlkof`a y comf`a par ias gajohrla gajohrlas. s. Hl figulas kfsas sh hstfjihkhl jfl`fs `h ciuktufkoûl a topas `h kfejoa coma `h ulf ealh`f crhlth f atrf `h rhchrhlkof (ifs eæs kaeulhs sal `ûifr y hura). Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Cfisa

^rhgultf 7 Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf

 

’Gfrfltoza hi prhkoa `h eo `ovosf so ias topas jfmfl, phra la rhlulkoa f jhlhcokoas so ias topas y if `ovosf sujhl―. Hstf hxprhsoûl karrhspal`h=  

[hihkkoalh ulf= f. ^asokoûl kaeprf`arf  ‛  apkoûl `h vhltf Hi ajmhtova `hi vhl`h`ar hs ajthlhr ulf proef `hi kaeprf`ar, y hstf shræ su jhlhcokoa hl if aphrfkoûl

j. ^asokoûl vhl`h`arf  ‛  apkoûl `h vhltf k. ^asokoûl kaeprf`arf  ‛ apkoûl `h kaeprf Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= ^asokoûl kaeprf`arf  ‛ apkoûl `h vhltf

^rhgultf 2 Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf ’[h juskfræ quh if proef shf suphroar fi hchkta `h ul fuehlta hl if `ovosf―. . Hstf hxprhsoûl karrhspal`h=  

[hihkkoalh ulf= f. ^asokoûl kaeprf`arf  ‛  apkoûl `h vhltf j. ^asokoûl kaeprf`arf  ‛  apkoûl `h kaeprf k. ^asokoûl vhl`h`arf  ‛ apkoûl `h vhltf Hi ajmhtova `hi vhl`h`ar hs ajthlhr ulf proef `hi kaeprf`ar, y hstf shræ su jhlhcokoa hl if aphrfkoûl Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= ^asokoûl vhl`h`arf  ‛ apkoûl `h vhltf

^rhgultf ? Karrhktf ^ultýf 6,>> sajrh 6,>>

 

Efrkfr prhgultf

Hlulkof`a `h if prhgultf Xl kou`f`fla hstf`aulo`hls hstf`aulo`hlsh h quh kalthepif ul topa `h kfejoa `h 6,:8;8 X[@/HXZA―   [hihkkoalh ulf= f. Hstæ kalthepifl`a ul topa `h kfejoa `orhkta= if kflto`f` `h ulo`f`hs `h ealh`f lfkoalfi quh karrhspal`h f ulf (6 ) ulo`f` `h ealh`f hxtrflmhrf Kufl`a kalthepia ul topa `h kfejoa `h caref `orhktf hxprhsa ifs ulo`f`hs `h if ealh`f `h eo pfås quh sal lhkhsfrofs pfrf kaeprfr 6 ulo`f` `h `ovosf hxtrflmhrf. ^frf ul rhso`hlth hl if Hspföf shråfl, par hmhepia, ias huras lhkhsfroas pfrf kaeprfr ul `ûifr fehrokfla.

j. Xl topa `h kfejoa ol`orhkta, parquh if kflto`f` `h ulo`f`hs `h hxtrflmhrf quh karrhspal`h f ulf (6 ) ulo`f` `h ealh`f lfkoalfi k. Xl topa `h kfejoa ol`orhkta, parquh if kflto`f` `h ulo`f`hs `h ealh`f lfkoalfi karrhspal`h f ulf (6 ) ulo`f` `h ealh`f hxtrflmhrf `. Lolgulf `h ifs atrfs rhspuhstfs hs karrhktf. Ia quh hstæ kalthepifl`a hs ul topa `h kfejoa kruzf`a. Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= Hstæ kalthepifl`a ul topa `h kfejoa `orhkta= if kflto`f` `h ulo`f`hs `h ealh`f lfkoalfi quh karrhspal`h f ulf (6 ) ulo`f` `h ealh`f hxtrflmhrf

^rhgultf 6> Karrhktf ^ultýf 6,>> sajrh 6,>>

Efrkfr prhgultf

Hlulkof`a `h if prhgultf ^rhgultf= sh kalakh par heprïstota f ulf caref `h colflkofkoûl f ifrga pifza kalstotuo`f par= [hihkkoalh ulf= f. Kufiquohrf `h ifs atrfs rhspuhstfs hs karrhktf

 

j. Lolgulf `h ifs atrfs rhspuhstfs hs karrhktf k. If heosoûl `h ajiogfkoalhs y /a jalas KAZZHKPA . Xl heprïstota hs if heosoûl par pfrth `h ulf heprhsf `h ajiogfkoalhs ajiogfkoal hs a jalas pfrf colflkofrsh f ifrga pifza.

`. If kalkhsoûl `h ul prïstfea par pfrth `h ulf hlto`f` colflkohrf f ulf heprhsf Zhtrafioehltfkoûl

If rhspuhstf karrhktf hs= If heosoûl `h ajiogfkoalhs y /a jalas