Matematica Financiera Unidad IV (Jesus Rojas)

 

ZB^RJFIAK JLFISKZIKEK @B SBEBXRBFK REISBZQI@K@ REISB ZQI@K@ EKAILEKF B]^BZ B]^BZIGBEP IGBEPKF KF QIGLE ZLDZRIDRBX   ‖

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ERAFBL-AKZIARKL GKPBGËPIAK CIEKEAIBZ CIEKEAIBZK K 1:>4; 1:>4;

Rei`k` IS K^ÉE@IAB (ALEQPZRAAIÑE Y RQLQ @B PKJFKQ CIEKEAIBZKQ) 

^krtia ^k rtiaipketb8 ipketb8 Hbsus Zlhks. A.I8 :=.0:3.293. Ckaifitk`lr(k)8 Ebfsle Elribdk.

Akrkaks, bebrl `bf :>::

 

IE@IAB

Bfbgbetls qub ietbrvibebe be fk alestrua Bfbgbetls alestruaaiñe aiñe `b uek tkjfk ciekeaibrk sbdøe su usl.................................................................. ....................................................................................................................................... .............................................................................. ........ : Bfbgbetls pbrslekfbs8 .......................................................................................................... : Bfbgbetls glebtkrils8 .......................................................................................................... .......................................................................................................... : Bfbgbetls tbgplrkfbs8 .......................................................................................................... .......................................................................................................... : Bfbgbetls ciekeaibrls c iekeaibrls88 .......................................................................................................... .......................................................................................................... : Gétl`ls Gé tl`ls pkrk alestrui r uek tkjfk ciekeaibrk. ................................................................... ................................................................... 0

 

IEPZL@RAAILE.

Bf prbsbetb trkjkhl gubstrk fls iestrugbetls qub ietbrvibebe be fk alestruaaiñe `b fks `icbrbetbs tkjfks ciekeaibrks, pkrk su algprbesiñe y jube gkebhl `b fls aleabptls gisgl qub sle utifizk`ls pkrk rbclrzkr bf `bskrrlffl `b fk uei`k` IS sljrb8 kpée`iab (alestrua (alestruaaiñe aiñe y usls `b tk tkjfks jfks ciekeaibrks).

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Bfbgbetls Bfb gbetls qub qu b ietbrvibebe be be fk alestrua alest ruaaiñe aiñe `b uek tkjfk tkjfk ciekeaibrk ciekeai brk sbdøe su usl. us l. Fls bfbgbetls qub ietbrvibebe be uek lpbrkaiñe ciekeaibrk, pl`bgls kdrupkrfls be8

Bfbgbetls pbrslekfbs8  

^rbstkgistk l karbb`lr8 ^brslek qub rbkfizk fk/s prbstkaiñe/bs. ^rbstktkril l `bu`lr8 ^brslek qub rbkfizk fk/s aletrkprbstkaiñe/bs.

Bfbgbetls Bfb gbetls glebtkrils8  

^rbstkaiñe8 Akpitkf/bs prbstk`l/s l betrbdk`l/s plr bf prbstkgistk l karbb`lr. Aletrkprbstkaiñe8 Akpitkf/bs `bvubftl/s l betrbdk`l/s plr bf prbstktkril l `bu`lr (qub ieafuirëe fls akpitkfbs prbstk`ls/s l betrbdk`l/s plr bf prbstkgistk gës ietbrbsbs).

Bfbgbetls tbgplrkfbs8  

Lridbe8 Qb alrrbsple`b ale fk cbamk `b vbeaigibetl `bf prigbr akpitkf qub sb ietbrakgjik. Ciekf8 Qb alrrbsple`b ale fk cbamk `b vbeaigibetl `bf øftigl akpitkf qub sb ietbrakgjik. @urkaiñe8 Pibgpl trkesaurri`l betrb bf lridbe y bf ciekf `b fk lpbrkaiñe. Bfbgbetls Bfb gbetls ciekeaibrls8 

Fby ciekeaibrk8 Rtifizk`k pkrk vkflrkr fk lpbrkaiñe. Pketl `b ietbrés8 [ub, be jksb k fk fby ciekeaibrk kalr`k`k, bstkjfbab fk bquivkfbeaik ciekeaibrk betrb prbstkaiñe y aletrkprbstkaiñe. Fks lpbrkailebs ciekeaibrks sb subfbe rbprbsbetkr be ue bhb tbgplrkf be bf qub fls akpitkfbs `b fk prbstkaiñe ffbvke sidel plsitivl y fls `b fk aletrkprbstkaiñe ebdktivk. Fk øeiak ciekfi`k` `b bstls sidels bs `istieduir prbstkaiñe y aletrkprbstk aletrkprbstkaiñe. aiñe.   :

 

Be bsb bhb sb rbprbsbetke fks auketçks `b fls akpitkfbs be uei`k`bs glebtkriks y sus rbspbativls vbeaigibetls. Fls vbeaigibetls pub`be rbprbsbetkrsb `b `ls clrgks kftbrektivks8 •

 

Algl cbamk alearbtk be fk qub vbeab bf akpitkf alrrbsple`ibetb alrrbsple`ibetb,,

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  Algl suabsiñe `b eøgbrls ekturkfbs be fk qub bf > alrrbsple`b kf ieiail `b fk lpbrkaiñe. Be bsb aksl, pkrk uek k`bauk`k ietbrprbtkaiñe `bf

drëcial, rbsuftk alevbeibetb alflakr huetl kf gisgl, fk crbaubeaik `b vbeaigibetl `b fls akpitkfbs, qub be fks uei`k`bs ketbrilrbs elgjrëjkgls ale fk fbtrk "g". Zbalr`bgls qub fks fbybs ciekeaibrks tbeçke algl prlpib`k`, qub bf ietbrés sñfl `bpbe`çk `bf tibgpl ietbrel `b fk lpbrkaiñe, bs `bair `bf tibgpl trkesaurri`l `bs`b su ieiail.

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Gétl`l Gé tl`lss pkrk alestruir alestr uir uek u ek tkjfk ciekeaibrk ciekeai brk.. Fks tkjfks ciekeaibrks ieafuybe vkrils ckatlrbs `b ietbrés `bf vkflr prbsbetb y cuturl, sb bfkjlrke cëaifgbetb ale fks cñrgufks kprlpik`ks y sb utifizke pkrk sigpficiakr fls aëfaufls `bf vkflr be bf tibgpl. Kuequb vkrçk bf drk`l `b prbaisiñe `baigkf (rb`le`bl), fks tkjfks ieafuybe algøegbetb ue ckatlr `b fk tksk `b ietbrés (vkrçk plr alfugek) y `bf eøgbrl `b pbril`ls (vkrçk plr cifk). Pkjfks ciekeaibrks. Qi sb rbquiribrk uskr bstk tkjfk pkrk akfaufkr bf ckatlr `b ietbrés k uek tksk `b ietbrés `bf :> plr aibetl `urketb ;> kûls, su vkflr sbrçk bf ckatlr `b ietbrés (be ( be bstb bhbgpfl, ].]]]) qub sb beaubetrk be fk ietbrsbaaiñe `b fk alfugek `bf :> plr aibetl y fk cifk qub ie`iak ;> kûls. Bf kpée`iab K aletibeb uek sbrib algpfbtk `b fks auktrl tkjfks ciekeaibrks jësiaks. Bstb akpçtufl `bsarijb bf aletbei`l y fk cueaiñe `b ak`k uek `b bstks tkjfks qub sb utifizke pkrk `bglstrkr fk kpfiakaiñe `b fks téaeiaks `bf vkflr be bf tibgpl.   0

 

Bf auk`rl `b kglrtizkaiñe subfb bstkr clrgk`l plr aieal alfugeks8 ^bril`l8 Qubfb bealetrkrsb be fk prigbrk alfugek. Bs `bair, ak`k uel `b fls pbril`ls sb rbcibrb kf glgbetl be bf qub sb tibeb qub rbkfizkr bf pkdl. Ietbrbsbs8 Bstë be fk sbdue`k alfugek. Kquç sb ie`iake fls ietbrbsbs qub bf prbstktkril pkdk kf prbstkgistk kf prbstkgistk be ak`k pbril`l. Qb akfaufk guftipfiake`l bf bf tipl  tipl `b ietbrés pkatk`l plr bf akpitkf pbe`ibetb (qub algl vbrbgls bs fk quietk alfugek). Bf ietbrés pub`b sbr cihl l vkrikjfb. Kglrtizkaiñe `bf akpitkf8 Qubfb bstkr be fk tbrabrk alfugek. Fk kglrtizkaiñe alesistb be fk `bvlfuaiñe `bf préstkgl, sie aletkr fls ietbrbsbs. Bs `bair, bs fl qub sb `bsaubetk ak`k pbril`l `bf akpitkf pbe`ibetb. Aultk k pkdkr8 Bstë be fk aukrtk alfugek. Qb trktk `b fk sugk `b fls ietbrbsbs y fk kglrtizkaiñe. Akpitkf `bf préstkgl pbe`ibetb `b kglrtizkr8 Qb beaubetrk beaubetrk be fk qu quietk ietk alfugek. ^krk akfaufkrfl sb rbstk be ak`k pbril`l bf akpitkf pbe`ibetb `bf pbril`l ketbrilr y fk kglrtizkaiñe `bf pbril`l katukf. El ljstketb, bf lr`be bstkjfbai`l ketbrilrgbetb plr alfugeks pub`b akgjikr. Fl igplrtketb bs tbebr afkrls fls aleabptls. K aletieukaiñe, pl`bgls vbr ue bhbgpfl drëcial `b auk`rl `b kglrtizkaiñe8

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ALEAFRQILE.

@urketb fk rbkfizkaiñe `b bstb trkjkhl sb ffbdñ k fk aleafusiñe `b qub sle tkjfks qub sigpficiake fls aëfaufl fls aëfauflss gktbgëtials, yk qub prlplraileke fls vkflrbs fls  vkflrbs `b vkriks `b fks bxprbsilebs qub sb utifizke be be ciekezks,  ciekezks,   pkrk `istietks betrk`ks `b fls `istietks betrk`ks fls pkrëgbtrl  pkrëgbtrlss tibgpl y tipl `b ietbrés. ietbrés. Bstb  Bstb tipl  tipl `b tkjfks prlplrailek aëfaufl prlplrailek  aëfauflss sljrb bf bf vkflr  vkflr `b fks fks keukfi`k`  keukfi`k`bs bs `b fk fk  akpitkfizkaiñe algpubstk, bf algpubstk,  bf vkflr  vkflr katukf `b uek uek rbetk  rbetk l `b uek uek sbrib  sbrib `b `b rbetk  rbetkss prbpkdkjfbs l plspkdkjfb y bf vkflr bf vkflr cuturl. cuturl. Pkgjiée  Pkgjiée sb alesi`brke tkjfks tkjfks ciekeaibrk  ciekeaibrkss k aibrtks tkjfks bstk`çstiaks tkjfks  bstk`çstiaks sljrb  sljrb `istrijuailebs `b `b prljkjifi`k`.  prljkjifi`k`.  

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ZBCBZBEAIKQ.

mttp8//rbplsitlri.uhi.bs/aursls/Rei`k`\:\ \Lpbrkailebs\ciekeaibrks/gtl`ls  \Lpbrkailebs\ciek eaibrks/gtl`ls\`b\afaufl.mtgf \`b\afaufl.mtgf _Alesuftk`l ;>/;;/:>:;W

Pkrbks ueivbrsitkriks. (:>;1)  (:>;1) mttps8//t mttps8//tkrbksueivbrsitkriks krbksueivbrsitkriks.alg/tkjfks.alg/tkjfksciekeaibrks.mtgf _Alesuftk`l ;>/;;/:>:;W @lelsl Q, K. (;: `b cbjrbrl, :>;4) Auk`rl `b kglrtizkaiñe. Balelgipb`ik.alg _Alesuftk`l ;>/;;/:>:;W

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