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64 Section 4: Fonctions financières supplémentaires
File name: hp 12c_user's guide_Canada French_HDPMBF12130 Page: 64 of 217
Printed Date: 2005/7/29 Dimension: 14.8 cm x 21 cm
Séquence de touches Affichage
f
CLEAR
H
0,00
Efface les registres financiers et de
stockage.
79000
ÞgJ
–79.000,00
Investissement initial (avec un signe
moins correspondant à un flux
financier négatif).
14000
gK
14.000,00
Montant du premier flux financier
11000
gK
11.000,00
Montant du flux financier suivant
10000
gK
10.000,00
Montant du flux financier suivant
3
ga
3,00
Nombre d’occurrences consécutives
de ce flux financier.
9100
gK
9.100,00
Montant du flux financier suivant
9000
gK
9.000,00
Montant du flux financier suivant
2
ga
2,00
Nombre d’occurrences consécutives
de ce flux financier.
4500
gK
4.500,00
Montant du flux financier suivant
100000
gK
100.000,00
Montant du dernier flux financier
:n
7,00
Sept montants différents de flux
financiers ont été entrés.
13,5
¼
13,50
Enregistre i.
fl
907,77
NPV
Puisque NPV est positive, l’investissement augmente la valeur financière des actifs
de l’investisseur de 907,77 $.
Calcul du taux de rentabilité interne (IRR)
1. Entrez les flux financiers par l’une des méthodes décrites ci-dessus dans la
section Calcul de la valeur actualisée nette.
2. Appuyez sur fL.
La valeur calculée de IRR apparaît à l’affichage, elle est aussi enregistrée
automatiquement dans le registre i.
Remarque : n’oubliez pas que la fonction L peut prendre un certain
temps pour donner un résultat, pendant ce temps la calculatrice affiche
running.
Exemple :
la valeur NPV calculée dans l’exemple précédent était positive, ce qui
indique que la rentabilité réelle (c’est-à-dire IRR) était supérieure au 13,5% utilisé
dans le calcul. Trouvez la valeur IRR.
64


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