{"id":256,"date":"2018-09-23T19:56:02","date_gmt":"2018-09-23T10:56:02","guid":{"rendered":"http:\/\/nsspirt-cashf2.com\/2018\/09\/23\/2018-09-23-195602\/"},"modified":"2023-09-25T14:15:35","modified_gmt":"2023-09-25T05:15:35","slug":"dcf-examples2","status":"publish","type":"post","link":"https:\/\/www.nsspirt-cashf2.com\/ba\/dcf-examples2\/","title":{"rendered":"DCF\u6cd5\u3067\u91cd\u8996\u3059\u308b\u6307\u6a19 \u8cc7\u672c\u5236\u7d04\u306e\u3042\u308a\u30fb\u306a\u3057\u4e21\u65b9\u306e\u30b1\u30fc\u30b9\u3067\u89e3\u8aac"},"content":{"rendered":"<p><a href=\"https:\/\/www.nsspirt-cashf2.com\/ba\/dcf\/\">DCF\u6cd5<\/a>\u3067\u6295\u8cc7\u5224\u65ad\u3092\u3059\u308b\u3068\u304d\u306b\u3001NPV\u3084IRR\u306a\u3069\u306e\u6307\u6a19\u304c\u3067\u3066\u304d\u307e\u3059\u304c\u3001\u3069\u306e\u6307\u6a19\u3092\u6700\u3082\u91cd\u8996\u3059\u3079\u304d\u304b\uff1f\u3068\u3044\u3046\u7591\u554f\u3092\u6301\u305f\u308c\u3066\u3044\u308b\u65b9\u3082\u591a\u3044\u3088\u3046\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001DCF\u6cd5\u3067\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u8a55\u4fa1\u3092\u8cc7\u672c\u5236\u7d04\u304c\u306a\u3044\u5834\u5408\u3001\u3042\u308b\u5834\u5408\u3067\u89e3\u8aac\u3057\u3066\u3044\u304d\u307e\u3059\u3002<\/p>\n<div id=\"nsspi-4031589967\" class=\"nsspi-toc nsspi-entity-placement\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- responsive -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-3661469849757690\"\r\n     data-ad-slot=\"5736131584\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2>\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u4f8b<\/h2>\n<p>\u4f8b\u3068\u3057\u3066\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8A\u3001B\u3001C\u304c\u3042\u308b\u3068\u3057\u307e\u3059\u3002\u305d\u308c\u305e\u308c\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306e\u521d\u671f\u6295\u8cc7\u984d\u3001NPV\u306e\u984d\u3001IRR\u3092\u3068BCR\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<table bgcolor=\"#cccccc\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"middle\" bgcolor=\"#666666\" width=\"70\"><span style=\"color: #ffffff;\">\u00a0<\/span><\/td>\n<td align=\"center\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">\u30d7\u30ed\u30b8\u30a7\u30af\u30c8A<\/span><\/td>\n<td align=\"center\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">\u30d7\u30ed\u30b8\u30a7\u30af\u30c8B<\/span><\/td>\n<td align=\"center\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">\u30d7\u30ed\u30b8\u30a7\u30af\u30c8C<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"middle\" bgcolor=\"#666666\" width=\"70\"><span style=\"color: #ffffff;\">\u521d\u671f\u6295\u8cc7<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">10,000\u767e\u4e07\u5186<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">5,000\u767e\u4e07\u5186<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">5,000\u767e\u4e07\u5186<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"middle\" bgcolor=\"#666666\" width=\"70\"><span style=\"color: #ffffff;\">NPV<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1,827\u767e\u4e07\u5186<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1,137\u767e\u4e07\u5186<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1,014\u767e\u4e07\u5186<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"middle\" bgcolor=\"#666666\" width=\"70\"><span style=\"color: #ffffff;\">IRR<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">17.1\uff05<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">16.7\uff05<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">16.9\uff05<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"middle\" bgcolor=\"#666666\" width=\"70\"><span style=\"color: #ffffff;\">BCR<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1.18<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1.23<\/span><\/td>\n<td align=\"right\" valign=\"middle\" bgcolor=\"#ffffff\" width=\"100\"><span style=\"color: #000000;\">1.20<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u203bBCR\u3068\u306f\u3001\u8cbb\u7528\u4fbf\u76ca\u6bd4\u7387\uff08Benefit Cost Ratio\uff09\u306e\u3053\u3068\u3067\u3001<br \/>\nBCR\u3000\uff1d\u3000\u30ad\u30e3\u30c3\u30b7\u30e5\u30a4\u30f3\u30d5\u30ed\u30fc\u306e\u73fe\u5728\u4fa1\u5024\uff0f\u30ad\u30e3\u30c3\u30b7\u30e5\u30a2\u30a6\u30c8\u30d5\u30ed\u30fc\u306e\u73fe\u5728\u4fa1\u5024<br 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src=\"https:\/\/nsspirt-cashf2.com\/wp-content\/uploads\/2018\/11\/20181101134709.png\" alt=\"f:id:n_spirit:20181101134709p:plain\" \/>\n<p>\u4ee5\u4e0b\u30da\u30fc\u30b8\u306b\u304a\u3051\u308b\u6bd4\u8f03\u3082\u3001\u6295\u4e0b\u3059\u308b\u8cc7\u672c\u306b\u5236\u7d04\u304c\u306a\u3044\u3068\u3044\u3046\u524d\u63d0\u6761\u4ef6\u306e\u3082\u3068\u3067\u306e\u6bd4\u8f03\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>https:\/\/www.nsspirt-cashf2.com\/ba\/three-exapmles-of-dcf\/<\/p>\n<div id=\"nsspi-3729837250\" class=\"nsspi-h2-2 nsspi-entity-placement\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-3661469849757690\"\r\n     data-ad-slot=\"6457306725\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2>\u8cc7\u672c\u5236\u7d04\u304c\u3042\u308b\u3068\u304d<\/h2>\n<p>\u8cc7\u672c\u5236\u7d04\u304c\u3042\u308b\u3068\u304d\u306f\u3001\u5224\u65ad\u57fa\u6e96\u304c\u304b\u308f\u3063\u3066\u304d\u307e\u3059\u3002\u3053\u306e\u5834\u5408\u306f\u3001NPV\u306e\u5927\u5c0f\u3067\u306f\u306a\u304f\u3001<strong>BCR\u306e\u5927\u5c0f\u3067\u5224\u65ad<\/strong>\u3057\u3066\u3044\u304d\u307e\u3059\u3002BCR\u3092\u7528\u3044\u308b\u3053\u3068\u3067\u3001\u9650\u3089\u308c\u305f\u4e88\u7b97\u306e\u4e2d\u3067\u3001NPV\u3092\u6700\u5927\u5316\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n<p>\u305f\u3068\u3048\u3070\u3001\u8cc7\u672c\u306e\u5236\u7d04\u304c10,000\u767e\u4e07\u5186\u306e\u5834\u5408\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8A\u3088\u308a\u3082\u30d7\u30ed\u30b8\u30a7\u30af\u30c8B\u3001C\u306b\u8cc7\u672c\u6295\u4e0b\u3059\u308b\u65b9\u304c\u3088\u304f\u3001\u8cc7\u672c\u306e\u5236\u7d04\u304c7,000\u767e\u4e07\u5186\u306e\u5834\u5408\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8B\u306b5,000\u767e\u4e07\u5186\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8C\u306e\u4e00\u90e8\u306b\u6b8b\u308a\u306e2,000\u767e\u4e07\u5186\u3092\u8cc7\u672c\u6295\u4e0b\u3059\u308b\u306e\u304c\u3088\u3044\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3069\u308c\u304b\u4e00\u3064\u3057\u304b\u9078\u3079\u306a\u3044\u306e\u3067\u3042\u308c\u3070\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8B\u3092\u9078\u3076\u306e\u304c\u30d9\u30b9\u30c8\u3067\u3059\u3002<\/p>\n<img decoding=\"async\" class=\"hatena-fotolife\" title=\"f:id:n_spirit:20181101134805p:plain\" src=\"https:\/\/nsspirt-cashf2.com\/wp-content\/uploads\/2018\/11\/20181101134805.png\" alt=\"f:id:n_spirit:20181101134805p:plain\" \/>\n<p>\u4e0a\u306e\u4f8b\u3067\u306f\u3001\u3042\u3048\u3066IRR\u3068BCR\u306e\u9806\u756a\u304c\u7570\u306a\u308b\u5fae\u5999\u306a\u4f8b\u3067\u8aac\u660e\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u591a\u304f\u306e\u5834\u5408\u3001IRR\u3068BCR\u306f\u307b\u307c\u6bd4\u4f8b\u95a2\u4fc2\u306b\u3042\u308a\u307e\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001<strong>\u5b9f\u52d9\u4e0a\u306fIRR\u306e\u5927\u5c0f\u3067\u3001\u8cc7\u672c\u306e\u6295\u4e0b\u5148\u3092\u5224\u65ad\u3059\u308b\u30b1\u30fc\u30b9\u3082\u591a\u3044<\/strong>\u3088\u3046\u3067\u3059\u3002<\/p>\n<div id=\"nsspi-2562911758\" class=\"nsspi-h2-4 nsspi-entity-placement\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-3661469849757690\"\r\n     data-ad-slot=\"6457306725\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2>\u307e\u3068\u3081<\/h2>\n<p>\u4ee5\u4e0a\u306e\u3088\u3046\u306b\u91cd\u8996\u3059\u308b\u6307\u6a19\u306f\u3001\u8cc7\u672c\u5236\u7d04\u304c\u306a\u3044\u3068\u304d\u3068\u3042\u308b\u3068\u304d\u3067\u5909\u308f\u3063\u3066\u304d\u307e\u3059\u3002\u8cc7\u672c\u5236\u7d04\u304c\u306a\u3044\u5834\u5408\u306fNPV\u306e\u5927\u5c0f\u3067\u3001\u8cc7\u672c\u5236\u7d04\u304c\u3042\u308b\u5834\u5408\u306fBCR\u306e\u5927\u5c0f\uff08\u5b9f\u52d9\u7684\u306b\u306fIRR\uff4e\u5927\u5c0f\uff09\u3067\u5224\u65ad\u3057\u3066\u3044\u304d\u307e\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u6295\u4e0b\u3059\u308b\u8cc7\u91d1\u3092\u6700\u3082\u6709\u52b9\u306b\u6d3b\u7528\u3067\u304d\u308b\u308f\u3051\u3067\u3059\u3002<\/p>\n<p><a href=\"https:\/\/www.nsspirt-cashf2.com\/ba\/finance-index\/\"><strong>\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u77e5\u8b58\u306e\u7fd2\u5f97\u306b\u5f79\u7acb\u3064\u8a18\u4e8b\u306f\u3053\u3061\u3089\uff1e\uff1e\uff1e<\/strong><\/a><\/p>\n<p><strong>DCF\u6cd5\u306b\u95a2\u9023\u3059\u308b\u8a18\u4e8b<\/strong><\/p>\n<p>https:\/\/www.nsspirt-cashf2.com\/ba\/dcf\/<\/p>\n<p>https:\/\/www.nsspirt-cashf2.com\/ba\/wacc-capm\/<\/p>\n<p><strong>\u8ca1\u52d9\u30fb\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3092\u3082\u3063\u3068\u77e5\u308b\u306b\u306f<\/strong><\/p>\n<p>https:\/\/www.nsspirt-cashf2.com\/ba\/books-for-finance\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DCF\u6cd5\u3067\u6295\u8cc7\u5224\u65ad\u3092\u3059\u308b\u3068\u304d\u306b\u3001NPV\u3084IRR\u306a\u3069\u306e\u6307\u6a19\u304c\u3067\u3066\u304d\u307e\u3059\u304c\u3001\u3069\u306e\u6307\u6a19\u3092\u6700\u3082\u91cd\u8996\u3059\u3079\u304d\u304b\uff1f\u3068\u3044\u3046\u7591\u554f\u3092\u6301\u305f\u308c\u3066\u3044\u308b\u65b9\u3082\u591a\u3044\u3088\u3046\u3067\u3059\u3002 \u3053\u306e\u8a18\u4e8b\u3067\u306f\u3001DCF\u6cd5\u3067\u306e\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u8a55\u4fa1\u3092\u8cc7\u672c\u5236\u7d04\u304c\u306a\u3044\u5834\u5408\u3001\u3042\u308b\u5834\u5408\u3067\u89e3<\/p>\n","protected":false},"author":1,"featured_media":10423,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/posts\/256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/comments?post=256"}],"version-history":[{"count":0,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/posts\/256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/media\/10423"}],"wp:attachment":[{"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/media?parent=256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/categories?post=256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsspirt-cashf2.com\/ba\/wp-json\/wp\/v2\/tags?post=256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}